Rochester Real Estate

NOVEMBER 5, 2015

Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! This week we’re highlighting the best mortgage blogs from this year!

Finance

Redfin

JULY 30, 2025

In this article: Understanding if you’re ready to buy a home Budgeting for your first home Finding the right mortgage Navigating the homebuying process What comes next? You haven’t held a mortgage in three years. Job security: Stable employment and income are key indicators for lenders when qualifying for a mortgage.

Pre-approval

Lighter Side of Real Estate

MARCH 5, 2025

High prices and sticker shock – Mortgage rates and home prices remain historically high, with Januarys average 30-year fixed mortgage rate hitting 6.96%. Before signing a contract, consider: The buyers financial qualifications. Though rates have dipped slightly, affordability remains a major concern. The buyers demeanor.

Purchase and sale agreement

The Mortgage Report

JUNE 12, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Easier loan approval — disability income counts toward qualification. How Much Home Can I Afford?

VA loan

Redfin

JUNE 13, 2025

Try to avoid overlapping mortgage payments or being stuck without a home. As of early June 2025, the average 30-year fixed mortgage rate is around 6.8–6.9% Beyond searching, many other parts of the homebuying journey have also moved online, including virtual tours, e-signatures, and online mortgage preapprovals.

Debt-to-income ratio

Redfin

JULY 30, 2025

Key takeaways: First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education Buying your first home? Let’s get started.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

Factors such as earnest money deposits, loan approvals, and real estate agent involvement should be considered. Begin by confirming your loan approval and securing a complete and documented pre-approval from your lender. This includes considering financial stability, loan pre-approval, and contingencies.

Earnest money deposit

Marco Santarelli

MARCH 23, 2025

As of today, March 23, 2025, mortgage interest rates have slightly dropped compared to last weeks figures, providing a favorable landscape for potential homebuyers and those looking to refinance. Monthly Payment on $150,000 Mortgage For a 30-year fixed mortgage at 6.51% : Monthly Payment: $948.10

Mortgages

The Mortgage Report

JULY 7, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? To stand a chance of a loan application being approved at such times, you need to be a very strong borrower.

Equity

The Mortgage Report

JULY 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? of mortgaged home sales in April, up from 14.2% How Much Home Can I Afford? VA home loans rose to 7.2%

Loans

Redfin

JULY 31, 2025

Between finding the right mortgage and deciding what you want in a home, there’s a lot to consider. In this article: Planning and preparing financially Finding the right mortgage House hunting Making the deal What comes next? They cover topics like budgeting, building credit, mortgage options, house hunting, and closing.

Purchase and sale agreement

Redfin

MARCH 4, 2025

The difference between these two accounts is that traditional 401(k) contributions are pre-tax, so youll be taxed once taking them out. Before tapping into your 401(k), consider alternatives like down payment assistance programs or low-down-payment mortgage options. How does withdrawing from a 401(k) affect mortgage approval?

Debt-to-income ratio

Redfin

JULY 7, 2025

In many states, a house purchased during the divorce process may still be considered marital property, even if only your name is on the title or mortgage. This can clarify who is responsible for the mortgage, how the property will be treated during asset division, and protect your interests as you move forward with the purchase.

Debt-to-income ratio

BAM Media

FEBRUARY 21, 2025

Im talking about those generic educational videosthings like 5 Tips for First-Time Homebuyers, What Is a Balloon Mortgage? or The Difference Between Pre-Approval and Pre-Qualification. If rates drop, dont just post a What Is a Mortgage Rate? What Should You Do Instead? Tie it to current events.

Earnest money deposit

Housing Wire

DECEMBER 11, 2024

The Community Home Lenders of America (CHLA) this week sent a letter to the Consumer Financial Protection Bureau (CFPB), urging action on mortgage trigger leads after an amendment to address them was removed from a must-pass spending bill. This elicited a strong response from mortgage and housing advocates.

Debt-to-income ratio

Housing Wire

MAY 7, 2025

The client, who logged into her student loan portal and made a payment, is now in limbo about whether a new credit report needs to be pulled in her 90-day escrow, the loan officer at Guild Mortgage told HousingWire. King says he worries that borrowers could spiral into debt, which could result in bankruptcy.

Loans

Keeping Current Matters

JUNE 22, 2021

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Bottom Line.

Pre-approval

Keeping Current Matters

AUGUST 27, 2020

You may have heard that pre-approval is a great first step in the homebuying process. So, before you start shopping around, it’s helpful to know your price range, what you’re comfortable within a monthly mortgage payment, and ultimately how much money you can borrow for your loan. But why is it so important? Bottom Line.

Pre-approval

Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. If a client qualifies, they will receive a low interest rate 30-year crypto mortgage, the company said. And unlike conventional mortgages, there are no down payment requirements.

Mortgages

Housing Wire

MARCH 30, 2021

At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and T odd Worthington , director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help borrowers gain a better understanding of their credit score. Or, give up looking altogether.

Pre-qualification

Windemere Buying

MARCH 1, 2023

Before you begin your home buying journey , it’s helpful to know about pre-approval, pre-qualification, and proof of funds, and the role they play in a real estate transaction. Homeownership Terms to Know: Rent-Back Agreement, Joint Tenancy & More Pre-Qualification and Pre-Approval What is pre-qualification?

Pre-qualification

HomeLight

JUNE 19, 2023

If you’re gearing up to buy a home, you might be confused by some of the mortgage terminology you encounter. Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common.

Pre-qualification

Housing Wire

FEBRUARY 14, 2024

Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.

Pre-qualification

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Loans

Housing Wire

AUGUST 13, 2021

Existing investors and others including Andreessen Horowitz, Singapore’s GIC, GGV Capital and Moore Specialty Credit participated in the round, which pre-empted a capital raise that could have featured new investors, she said. We’re aiming to bring a legitimacy to alternative home financing options,” said Hefets.

Pre-qualification

Housing Wire

JULY 4, 2024

This article explores these issues and underscores the role of real estate and mortgage professionals in guiding clients through these turbulent times. The role of real estate and mortgage professionals In times like these, the role of real estate agents , brokerage owners and lenders becomes even more critical.

Pre-qualification

Realtor.com

NOVEMBER 28, 2022

designer491/Shutterstock What is a pre-qualification letter? A mortgage lender will give you this official document once you decide you might want to borrow money from the lender. So is it worth pursuing pre-qualification before bidding on a house? What to know about a pre-qualification letter.

Pre-qualification

Maximum Exposure Real Estate

MAY 3, 2023

How Pre-approval For a Mortgage Differs From Pre-qualification When buying your first house, understanding pre-approval for a mortgage becomes essential. Many first-time buyers will seek knowledge on how to get pre-approved for a mortgage.

Pre-approval

First Team Real Estate

AUGUST 31, 2020

If you’ve read any tips for homebuyers then chances are you’ve heard that you need to get pre-approved for a mortgage loan. The question is – how exactly do you get the pre-approval? Here are the steps you need to take to get pre-approved for a mortgage loan and the most important facts you need to get you there.

Pre-approval

Realtor.com

JANUARY 16, 2023

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .”

Mortgage pre-approval letter

Maximum Exposure Real Estate

DECEMBER 6, 2020

How Pre-approval Differs From Pre-qualification Do you know how mortgage preapproval differs from a prequalification? There has been some confusion among those looking to buy a home and qualify for a mortgage loan regarding the difference between a mortgage pre-approval vs. a pre-qualification letter.

Pre-qualification

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. Of course you do.

Lending

RISMedia

SEPTEMBER 14, 2023

By Bill Gassett Mortgage pre-approval and pre-qualification are two different processes that help you secure a mortgage for buying a house. On the other hand, pre-approval involves a more detailed review of your financial and credit situation. appeared first on RISMedia's Housecall.

Pre-approval

Housing Wire

AUGUST 31, 2020

In creating its AutomatIQ Borrower solution, CoreLogic aimed to provide one consistent, objective and transparent workflow that lenders could leverage to validate applicants from pre-qualification to closing. And it’s Day 1 Certainty approved.”.

Pre-qualification

Realtor.com

APRIL 29, 2021

Yuri_Arcurs/iStock; MattKay/iStock Buying a home and getting a mortgage typically go hand in hand. Yet home loans aren’t always easy to understand—and there’s a lot of misinformation out there about how mortgages work. “A And make sure you’re aware of the biggest misconceptions about home mortgages.

Pre-qualification

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. If problems crop up—with the home inspection, appraisal, mortgage, or other things—then the real estate buying process could take even longer. Step 1: Get pre-approved for a mortgage. kali9 / Getty Images Table of contents: . Step 2: Finding the right home.

Pre-approval

HomeLight

FEBRUARY 16, 2024

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get pre-approved for your mortgage loan Securing a mortgage pre-approval is perhaps the most important first step in making a compelling offer.

Pre-qualification