Housing Wire

SEPTEMBER 6, 2023

United Wholesale Mortgage (UMW) has enhanced its Safe Check program , which provides credit reports without initiating unwanted trigger lead solicitations to brokers’ competitors. In some cases, the lender will provide a hard credit report at no additional cost to borrowers.

Pre-qualification 473

Pre-qualification Loans Equity Banks 473

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 441

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 441

Housing Wire

MAY 14, 2024

The company said it will be using generative artificial intelligence (AI) and machine learning technologies to provide customers with personalized recommendations, credit management solutions, budgeting assistance and loan qualification tools. million in pre-seed funding in 2016. It already has more than 40,000 registered customers.

Pre-qualification 439

Pre-qualification Technology Equity Development 439

Housing Wire

OCTOBER 6, 2020

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.

Technology 450

Technology Mortgages Loan Officer Loans 450

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 97

Pre-qualification Pre-approval Mortgages Loans 97

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 102

Pre-qualification Pre-approval Proof of funds Loans 102

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 400

Pre-qualification Pre-approval Fixed-rate mortgage Loans 400

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 105

Pre-qualification Pre-approval Loans Lending 105

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 410

Pre-qualification Pre-approval Equity Finance 410

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 450

Pre-qualification Pre-approval Seller concession Finance 450

Housing Wire

APRIL 16, 2025

Pre-qualify your leads Honing your pre-qualification process will save you time and energy by ensuring youre focusing on potential clients who are ready, willing and able to buy or sell soon. Pre-market your listings Sell your listings faster, possibly even before they hit the market, by pre-marketing them.

Closing 252

Closing Pre-approval Pre-qualification Agents 252

Housing Wire

JULY 11, 2022

In light of that, HW Media CEO Clayton Collins recently sat down with Tom Hutchens, EVP of Production at Angel Oak Mortgage Solutions , to talk all things non-QM lending. . This is because they’re the ones that are going to be doing the pre-qualifications for you. We’ve been educating originators since 2013.

Lending 370

Lending Pre-qualification Loans Industrial 370

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. Pre-approval from a lender is the only way to do this.

Pre-approval 348

Pre-approval Pre-qualification Loan Officer Lending 348

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 330

Pre-approval Pre-qualification Loan Officer Lending 330

Housing Wire

FEBRUARY 24, 2021

Consumers today expect access to instant information and don’t want to spend lots of time making calls to coordinate showings or filling out paperwork to get a mortgage. The loan pre-qualification step is an area that almost all parties need for a successful outcome (consumers, real estate agents, loan officers, insurance agents).

Pre-qualification 359

Pre-qualification Agents Loan Officer Technology 359

Housing Wire

JULY 30, 2021

Josh Lehr: Pre-pandemic, online home buying existed, but over the last year, shopping online for mortgages became much more popular and convenient as meeting in person with a loan officer was not an option. HousingWire: How have trends around direct-to-consumer lending changed over the past year?

Pre-qualification 397

Pre-qualification Loan Officer Lending Technology 397

Housing Wire

NOVEMBER 28, 2022

JPMorgan Mortgage Trust 2022-DSC1 is secured by 980 debt service coverage ratio (DSCR) loans with a balance of $308.2 Though the loans were originated by more than 100 lenders, non-QM entity Sprout Mortgage , which crashed and burned in July, has the largest share or originations at 19.9%. The relative strength of DSCR. The offering.

Pre-qualification 410

Pre-qualification Due diligence Investor Loans 410

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. The modules cover some mortgage-related topics, but there are also topics that pertain to other facets of working at a bank.

Loan Officer 384

Loan Officer Pre-qualification Banks Lending 384

Housing Wire

MARCH 10, 2023

This report is important to independent mortgage banks (like Atlantic Bay Mortgage ) that are increasingly dominating mortgage markets and leading the market in serving minority and underserved borrowers. So, what about the current downturn in mortgage volume for IMBs? Could this be another 2008?

Pre-qualification 370

Pre-qualification Banks Loans Mortgages 370

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 145

Pre-qualification Pre-approval Mortgages Loans 145

Housing Wire

JUNE 1, 2022

Rising interest rates, a shortage in housing supply and geopolitical turmoil have combined to create a uniquely challenging period for mortgage bankers and financial institutions. Meeting the needs of a new generation of homebuyers while managing the ebbs and flows of a volatile housing market is a major endeavor for any mortgage lender.

Pre-qualification 295

Pre-qualification Marketing Loans Mortgages 295

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 366

Lending Marketing Pre-qualification Pre-approval 366

Housing Wire

MAY 25, 2022

Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. With an anticipated doubling in market share in 2022 , non-QM products are top of mind for almost every mortgage industry professional.

Debt-to-income ratio 397

Debt-to-income ratio Lending Pre-qualification Loans 397

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 122

Pre-qualification Pre-approval Mortgages Fixed-rate mortgage 122

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 98

Pre-approval Pre-qualification Mortgages 98

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.

Pre-qualification 240

Pre-qualification Pre-approval Loan Officer Loans 240

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 98

Pre-approval Pre-qualification Loans Mortgages 98

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? .” ” What is mortgage pre-approval?

Mortgage pre-approval letter 98

Mortgage pre-approval letter Pre-approval Pre-qualification Mortgages 98

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 89

Pre-approval Pre-qualification Mortgages Industrial 89

Lighter Side of Real Estate

NOVEMBER 20, 2024

You can browse listings from your couch, get pre-approved for a mortgage, and even apply for mortgages with a few taps right online, all without speaking to a single person. However, when borrowers work directly with local mortgage professionals, satisfaction scores jump by 40 points. It’s not just a transaction.

Pre-approval 110

Pre-approval Pre-qualification Mortgages Banks 110

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 52

Mortgages Fixed-rate mortgage Pre-approval Pre-qualification 52

Realty Biz

MARCH 30, 2023

Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know. To get the best rate for your situation, be sure to look closely at each type of mortgage. Let's take a closer look.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

Realty Biz

DECEMBER 10, 2020

Tips For Getting Preapproved For a Mortgage. It is effortless to start looking at homes that you will later find you can’t afford when you try to get approved for a mortgage. However, if you have a mortgage preapproval , you will know where you stand and be in a stronger position when making an offer.

Loans 144

Loans Mortgages Pre-approval Pre-qualification 144

The Mortgage Report

JUNE 10, 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? How Much Home Can I Afford? Answers have been edited for brevity and clarity. Verify your home buying eligibility.

FHA 203k rehab loan 58

FHA 203k rehab loan VA loan FHA loan Pre-qualification 58

Lighter Side of Real Estate

FEBRUARY 2, 2023

If you think mortgage rates are at an all-time high, you wouldn’t be alone. The thing is, mortgage rates aren’t actually the highest they’ve ever been; not by a long shot. The thing is, mortgage rates aren’t actually the highest they’ve ever been; not by a long shot. And who knows, the rates could be lower by then anyway.

Pre-approval 105

Pre-approval Pre-qualification Mortgages Loans 105

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. Get Started 1.

Pre-qualification 115

Pre-qualification Seller concession Pre-approval Closing costs 115

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 143

Pre-approval Pre-qualification Due diligence Loans 143