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

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

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

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

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

Redfin

JULY 30, 2025

Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter. This is more than just pre-qualification: It shows a lender has already vetted your finances. It speeds up the process once your offer is accepted.

Earnest money deposit

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

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

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? And most homeowners were paying lower rates on their existing mortgage than they could get now.

Equity

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

The Mortgage Report

AUGUST 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? Loan options include FHA 203(k), HomeStyle, VA, and USDA, depending on your qualifications.

Renovation

HomeLight

APRIL 30, 2025

However, choosing an agent based on personal relationships rather than qualifications can be a costly strategy. If youre concerned about your homes condition and whether an unexpected property issue might arise during the selling process, consider a pre-listing inspection.

Sales

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

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

Rochester Real Estate

NOVEMBER 5, 2015

Begin by confirming your loan approval and securing a complete and documented pre-approval from your lender. Choosing the right buyer: Sellers should carefully assess the qualifications and credibility of each buyer to ensure a smooth transaction. This includes considering financial stability, loan pre-approval, and contingencies.

Earnest money deposit

Redfin

JULY 9, 2025

Getting pre-approved for a mortgage is one of the first steps in the homebuying journey. But if you’re ready to start shopping for a home, you might be wondering: how long does it take to get pre-approved for a mortgage? What is mortgage pre-approval? You can also read Can You Get a Mortgage with a New Job?

Pre-approval

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

The Close

APRIL 3, 2025

Loan requirements : Fix and flip loans typically have different requirements than mortgages. Reputation and reviews : Hard money loans are generally higher risk, since the interest rates are higher and the repayment term is much smaller than typical mortgages. Many lenders have a minimum credit score and experience requirements.

Loans

The Close

APRIL 8, 2025

month Visit Lone Wolf IDX integrations and custom market report generation $99/month Visit Agent Image ISA team support for pre-qualification of leads $399/month Visit Offrs AI-powered virtual staging $19.99/month, Examples include mortgage calculators, home valuation tools, maps, property alerts, and contact forms.

Staging

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

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

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

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

JANUARY 4, 2024

Mortgage tech firm Blend aims to court more lenders as it now supports Fannie Mae ’s Desktop Underwriter (DU) early assessment enhancement with a direct integration from Blend’s soft credit pull function. DU early assessment gives lenders more options for their pre-qualification process in DU.

Pre-qualification

Housing Wire

SEPTEMBER 2, 2021

One of the ways that RMF approached the decision to tackle lowering the minimum age requirement on Equity Elite came from the product development team pursuing different options to enhance its offerings, similarly to the way the idea to streamline borrower qualification came about. How the idea emerged , age-restricted communities.

Mortgages

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

JULY 5, 2023

this week that applauds the introduction of a bill to ban mortgage trigger leads outside of certain situations. Trigger leads are essentially mortgage customer leads that are sold by credit bureaus to lenders. John Rose (R-Tenn.) The bill, House Resolution (H.R.) The bill was introduced into the U.S.

Pre-qualification

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

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

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

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

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

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

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

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

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