Housing Wire

JULY 25, 2025

The new product allows borrowers to access between $50,000 and $400,000 per draw at a fixed rate, depending on factors like home value, lien position, title, credit profile, verified income amount and available equity at the time of application. The product does not include a preset maturity date.

Equity

The Close

NOVEMBER 7, 2024

You also want to add overhead expenses like filing your business entity, advertising costs, real estate commissions and finder’s fees, taxes, and mortgage principal and interest. Cash Flow Projections As part of your business planning, you want to create a cash flow forecast based on the property’s income, expenses, and current vacancy rates.

Hard money loan

Marco Santarelli

DECEMBER 20, 2024

For instance, let's look at an example, similar to what lenders use, where you refinance a $250,000 loan with a 30-year term: Mortgage Rate Monthly Payment (Principal & Interest Only) 5.00% $1,342 5.25% $1,380 5.50% $1,420 5.75% $1,459 6.00% $1,499 See the difference? My personal take? Always do the math!

Mortgages

Redfin

FEBRUARY 20, 2025

On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. They cover everything from real estate agent commissions to title insurance, escrow fees, and transfer taxes. Real estate commission 3%6% of sale price Negotiable Title fees 0.5%1%

Closing costs

Rochester Real Estate

NOVEMBER 5, 2015

While many confuse what real estate agents and brokers do, these job titles aren’t interchangeable. Designated brokers Often called a principal broker, the designated broker ensures all agents within the brokerage stick to the relevant real estate laws. Real Estate Agent vs. Broker: What’s The Difference?

Agents

Redfin

JULY 3, 2025

The title company ensures all legal and financial requirements are satisfied. This period includes buyer inspections, appraisals, loan approval, title work, and final negotiations. Even after an offer is accepted, financing delays, low appraisals, inspection negotiations, or issues with the title can stall the process.

Staging

Marco Santarelli

MAY 3, 2025

Rate Monthly Payment (Principal & Interest) Total Interest Paid (30 Years) 7.00% $2,130 $446,794 6.76% $2,081 $429,284 As you can see, the slightly lower rate could save you thousands of dollars over the life of the loan! These costs can include appraisal fees, title insurance, and other expenses.

Debt-to-income ratio

Redfin

JULY 23, 2025

Reduces the mortgage principal, leading to lower monthly payments and total interest over time. Lower monthly mortgage payments : By borrowing a smaller principal amount, your monthly mortgage payments for principal and interest will be inherently lower. Typically expressed as a percentage of the total purchase price.

FHA loan

Redfin

FEBRUARY 28, 2025

Closing costs Costs associated with the purchase and sale of a home like taxes, title insurance, and lender fees, are considered closing costs. The mortgage payment has two components: the principal, which gets paid down over time, and the interest. For a $420,000 home, you can expect to pay $8,400 to $21,000.

Earnest money deposit

Redfin

JULY 30, 2025

It covers a variety of fees like lender and title fees, property taxes, home inspection, and homeowners insurance, to name a few. A shorter mortgage term will result in a higher monthly payment since you’ll be paying off the principal balance faster. For example, a 10% down payment on a $500,000 home would be $50,000.

Pre-approval

Redfin

JULY 24, 2025

Reduces the mortgage principal, leading to lower monthly payments and total interest over time. Think of it this way: the less money you have to take out as a loan, the smaller the principal amount that your bank calculates your payments on. It represents the portion of the home’s cost not covered by the mortgage.

Principal

AAOA

MAY 22, 2025

Inspect: Rent rolls Financial statements (T-12s) Unit-by-unit condition Leases and legal compliance Title, zoning, insurance history CapEx needs (roof, HVAC, plumbing, etc.) These include legal fees, appraisals, inspections, loan origination charges, title insurance, and escrow services.

Due diligence

The Mortgage Report

JULY 8, 2025

There’s also closing costs (like lender and third-party fees, title work, and possibly points), which you can pay upfront or roll into your loan. Start here After that, you’ll enter a 10 to 20 year repayment period, where you’ll pay both principal and interest. Approval for a fixed‑rate equity loan works much like your first mortgage.

Equity

Marco Santarelli

MAY 20, 2025

Molly Boesel, Principal Economist at Cotality, perfectly sums it up: “Uncertainty tied to higher inflation has kept mortgage rates high, which has led to lower affordability of monthly mortgage payments, keeping some potential buyers out of the market.” However, several factors are keeping rates higher than desired.

Mortgages

Marco Santarelli

APRIL 27, 2025

Skip the Mortgage Hassle (and Cost): No loan applications, no mountains of paperwork, no qualifying, and no monthly principal and interest payments stretching out for decades. It's just you, the seller, maybe agents, and the title company. This is your chance to potentially snag a better deal. These are the bedrock benefits.

Finance

Housing Wire

JANUARY 30, 2025

In the final days of the Biden administration, officials had several policy decisions to make as the president worked to cement his legacy, including whether to move forward with the Federal Housing Finance Agencys ( FHFA ) title insurance waiver pilot program.

Title

The Close

JULY 1, 2025

Housing payments will include the mortgage loan’s principal and interest portion, property taxes, homeowner’s insurance, and homeowner’s association (HOA) dues if applicable. Finally, FHA lenders will consider what is called the front-end ratio, or the amount of the housing payment in relation to the borrower’s gross monthly income.

FHA loan

Housing Wire

MARCH 2, 2021

Title insurance startup Doma – formerly known as States Title – announced today that it will go public through a merger with special purpose acquisition company Capitol Investment Corp. Doma, founded in 2016, says its patented machine-learning technology reduces title processing time from five days to five minutes.

Title

Housing Wire

AUGUST 9, 2022

Rachel Luna, principal of Patriot Title Company. With over 13,000 followers on Instagram , Rachel Luna, the principal of Texas-based Patriot Title Company , is the self-proclaimed “Texas Title Queen.” Luna has worked her way through the ranks and is now among the most recognizable pros in the title industry. “I

Title

Housing Wire

JANUARY 4, 2021

National Title and Escrow , which is based in Dexter, Missouri, announced its acquisition of Mississippi County Abstract and Loan , based in Charleston, Missouri. This acquisition will create National Title’s fourth office, in addition to its locales in New Madrid and Little Rock, Arkansas.

Title

Housing Wire

JANUARY 11, 2022

Less than a week after acquiring Nashville-based Homeland Title , Stewart Title is at it again. On Tuesday, the smallest of the “Big Four” title insurers announced that it had acquired a majority interest in Houston-based Great American Title Company (GATCO). 3 Myths about Instant Title Lenders Should Stop Believing.

Title

Housing Wire

APRIL 19, 2021

Passport Title Services LLC will use Qualia as its new title production software, after officials announced the company invested in Qualia Core and Qualia Connect to aid clients. The bundle also includes banking and reconciliation programs, a team of title and escrow experts, and Qualia’s digital closing platform.

Title

Housing Wire

AUGUST 25, 2022

Through the API, companies using the platform can automatically place and track title orders, as well as access comprehensive order, accounting, and contact data on their files in order to build custom notifications and executive-level performance dashboards. “We Qualia is not the only closing software firm working on improving integration.

Title

Housing Wire

JULY 19, 2021

Margaret Redman has been named director of national commercial services and senior regional underwriting counsel for North American Title Insurance Co. Generally accepted accounting principal (GAAP) revenues are expected to be around $226.4 V , said Valerie Jahn-Grandin, NATIC’s executive vice president and chief underwriting counsel.

Title

Housing Wire

MARCH 15, 2024

After all, a successful affiliated title operation brings not only the potential for new business but, done well, an opportunity to control more of the transaction, bringing with it the possibility for improved customer experience and better cost controls. Not to mince words: title is hard. Instead, they’re leaving money on the table.

Commercial

Housing Wire

MARCH 31, 2021

Today, title documents are sent between title vendors and lenders via email, third-party email and even fax machines. Once received, lenders employ teams to manually review these title documents and re-type details into their loan origination systems.

Title

Housing Wire

NOVEMBER 11, 2021

With renewed attention towards the manufactured housing space, the FHA moved this week to provide updated guidance to its Title I loan program, making it easier to understand and use for lenders. The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.).

Loans

Housing Wire

OCTOBER 5, 2023

Fannie Mae on Thursday announced that its Desktop Underwriter (DU) system will include new changes to the maximum allowable loan-to-value (LTV) ratios for two- to four-unit, principal residence, purchase and limited cash-out transactions, as well as other updates to further align the system with recent changes to the Selling Guide.

Loans

Housing Wire

AUGUST 2, 2021

Digital title provider Doma has finally gone public, but has already had to pay out nearly $300 million to early investors who redeemed their shares. Generally accepted accounting principal (GAAP) revenues are expected to be around $226.4 The company currently has less than 1% share of the title market in the U.S.

Investor

Housing Wire

APRIL 24, 2024

Name Job Title Company Name A.T. Rising Stars have impressive professional momentum, and are building reputations for driving growth and change while making those around them better. Take a look below to see this year’s list of honorees. Congratulations to the 2024 Rising Stars!

Principal

Housing Wire

NOVEMBER 10, 2021

According to Compass executives, the brokerage will reach this milestone by improving the attach rate of its title and escrow services, launching its joint-venture mortgage services platform OriginPoint during the fourth quarter of 2021, and continuing to expand into more markets. This brought the quarter’s gross transaction value to $69.1

Title

Housing Wire

FEBRUARY 25, 2022

Additionally, the portal can be used by third parties, including title companies, originating lenders, and attorneys acting on behalf of borrowers and title companies, the administration said.

FHA loan

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Industrial

Housing Wire

JANUARY 7, 2021

And in those three quarters, Rocket Mortgage and Amrock , its title and escrow sister company, more than doubled the number of digital closings they completed in all of 2019. The company’s data shows that over the first three quarters of 2020, 90% of all digital closings that took place with eNotes were done by Rocket.

Closing

Housing Wire

AUGUST 2, 2021

Principal and Chair, Financial Instituions Regulatory Practice Group. Westcor Land Title Insurance Company. WFG National Title Insurance Company. GM of Orchard Title and Head of Closing Operations. Stewart Title. Head of Blend Title. Company Name. Abbie Tidmore. Adrienne Goolsby. SVP, US & Canada.

Title

Housing Wire

AUGUST 7, 2023

In addition, Compass also reported an increase of 429 principal agents compared to a year ago and a retention rate of over 90%. “We Greg Hart, Compass’ chief operating officer, added: “We continue to grow our principal agent count since we eliminated cash and equity sign on incentives last summer. Maryland and Virginia. “We

Brokerage

Housing Wire

SEPTEMBER 1, 2023

Take a look at the full list of winners below to see their accolades and achievements that are helping to move the housing market forward. Congratulations to the 2023 HW Insiders!

Technology