Housing Wire

AUGUST 26, 2022

Both HELOCs and non-QM loans are made to order for today’s mortgage market. They generally come with flexible guidelines, longer terms, alternative documentation and more forgiveness of credit events—things you wouldn’t see in agency loans but not necessarily risk factors. Lee Smith: Definitely. Non-QM products are more expansive.

Mortgages 321

Mortgages VA loan Loans Technology 321

Housing Wire

NOVEMBER 4, 2020

The recently released report is the industry standard for nationwide fraud monitoring and analysis and draws on its proprietary Mortgage Fraud Consortium Database, which includes over 100 million loan files, The large drop in fraud risk can primarily be attributed to the increase in low-risk refinance transactions.

Mortgages 410

Mortgages VA loan Loans Lending 410

McKissock

FEBRUARY 13, 2023

Don’t miss this FREE update on VA appraisal topics on Wednesday, February 22nd from 11am-12pm ET. He was an independent fee appraiser on the VA panel for over 9 years prior to his current position. He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. Sign up now.

VA loan 85

VA loan Principal Development Title 85

McKissock

FEBRUARY 13, 2023

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department. View Pro-Series webinars.

VA loan 52

VA loan Principal Development Title 52

Redfin

JULY 11, 2023

A mortgage is a loan specifically designed for purchasing a property, commonly a home. In the event that the borrower fails to repay the loan, the lender has the right to take possession of the property through a legal process known as foreclosure. What is a mortgage? How does a mortgage work? What is PMI, and when is it required?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

HomeLight

OCTOBER 29, 2021

The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close.

Closing 77

Closing Inspection Title Due diligence 77

Redfin

AUGUST 3, 2022

Debts include recurring bills, such as car payments, daycare payments, and student loans. The safest rule of thumb dictates that your mortgage loan payment should not exceed 28% of your monthly gross earnings. PMI becomes part of your mortgage payment to protect the lender—not you—if you stop making payments on your loan. .

Pre-approval 76

Pre-approval Purchase and sale agreement Title Debt-to-income ratio 76