Housing Wire

AUGUST 24, 2022

Tomo says its appraisal coverage product protects home buyers from having to bring more cash to the close when appraisals come in low, with the same APR, cash-to-close and monthly payment guaranteed. In addition, homebuyers must be occupying the home as a primary residence, and therefore it is not available on multi-family properties.

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Pre-approval Mortgages Closing Loans 397

Housing Wire

DECEMBER 5, 2024

For decades, referrals have been the backbone of a real estate agents business. But in an era where nearly everything begins with a Google search, the way buyers connect with agents has changed dramatically. Buyers are increasingly conducting their own online review of prospective agents before choosing one.

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Agents Land Design Technology 370

Housing Wire

JANUARY 26, 2022

increase in CPL/agent validation errors with title insurers versus the 12-month average and a 2.4% increase in state licensing issues among closing agents versus the 2021 average. Closing complications. According to Suri, many of the fraud risk gaps exist in the closing process. of transactions.

Industrial 369

Industrial Pre-approval Title Technology 369

Housing Wire

OCTOBER 27, 2020

Many renters are looking to get out of cramped, close quarters amid social distancing efforts, and existing homeowners are moving on to bigger properties—often in more suburban areas where space isn’t a premium. If you’re not sure if selling your home is the right move, consider talking to a local real estate agent before moving forward.

Pre-approval 514

Pre-approval Mortgages As-is Closing 514

Housing Wire

JULY 4, 2024

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. The question is whether it is becoming less attainable or merely obscured by market noise and confusion. Change is constant, and as professionals, we must adapt.

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Pre-qualification Pre-approval Seller concession Finance 476

Housing Wire

SEPTEMBER 30, 2021

The platform’s mobile-first approach enables lenders to close more loans through on-the-go origination tools while also delivering the modern convenience that today’s consumers have come to expect. After downloading the mobile app, borrowers can upload documents, eSign disclosures and closing documents, and check their status in real-time.

Pre-approval 397

Pre-approval Loans Staging Closing 397

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418

Lending Loans Pre-approval Loan Officer 418

Housing Wire

JUNE 24, 2021

If a homebuyer can’t close on their mortgage in time to buy the home they want, instead of losing out on the house, Accept.inc will buy the property with its own funds and reserve the home on their behalf. ” The process requires a pre-approval that once passed allow buyers to submit an all-cash offer with Accept.inc’s proof-of-funds.

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Equity Proof of funds Pre-approval Investor 417

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. In 2020, Buyside clients closed close to $20 Billion in sales through Buyside, averaging over a 3000% ROI.

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Pre-approval Equity Loan Officer Brokerage 411

Housing Wire

APRIL 13, 2023

From pre-closing through post-closing, ICE Mortgage Technology offers electronic services that save time and money compared to traditional methods of managing documents and communication. The solutions featured as part of Simplifile include eRecording, eSign Events, Collaboration and Post-Closing, and Document Builder.

Technology 369

Technology Mortgages Pre-approval Closing 369

Housing Wire

NOVEMBER 18, 2022

and is used by title insurance underwriters, title agents and closing attorneys. . The transaction is pending customer regulatory approval and is expected to close in the first half of 2023, according to Katia Gonzalez, senior analyst of investor relations at ICE. billion, down from $2.9

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Title Pre-approval Investor Mortgages 435

Housing Wire

FEBRUARY 23, 2023

QuickQual is an adjustable pre-approval letter that gives payment and closing cost scenarios and the option to update agent letters. The company was featured in HousingWire’s Tech 100 in 2022. Its other products include QuickQual , which is used by lenders in 42 states.

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Pre-approval Loans Closing costs Mortgages 389

Housing Wire

FEBRUARY 9, 2022

and get a pre-approval for a mortgage from the comfort of your own laptop. Yet, there remains a dark cloud over the general perception of the part of the process that occurs somewhere between the signing of the sales agreement and the exchange of house keys — the mortgage approval and settlement/closing process.

Industrial 418

Industrial Purchase and sale agreement Pre-approval Banks 418

Housing Wire

JANUARY 8, 2021

The current financial state of our country has caused us to now rely heavily on the opening exchanges and the market forecast to determine how our rates will be impacted, thus giving way to a new line of thinking – Where and how can we effectively close loans?

Lending 476

Lending Mortgages Pre-approval Loans 476

HomeLight

JUNE 19, 2023

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. Learn More What’s a pre-qualification? And voila, within minutes, you have a pre-qualification.

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Pre-qualification Pre-approval Mortgages Loans 97

Housing Wire

SEPTEMBER 2, 2021

It also allows sellers access to a network of pre-approved buyers to expedite the process. HomeLight claims that it has built a “faster application and underwriting process” that allows the company to guarantee that it can close a loan in 21 days with “zero lender fees and transparent rates.”.

Pre-approval 411

Pre-approval Investor Technology Equity 411

Housing Wire

FEBRUARY 21, 2023

Lenders who are modernizing across the entire scope of the origination journey — digitizing processes from application and title through close and post-close — are building unprecedented momentum for their businesses. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork.

Pre-approval 370

Pre-approval Technology Title Inspection 370

Housing Wire

JANUARY 13, 2023

Just two weeks into 2023, Guaranteed Rate ‘s top LO and managing director Ben Cohen has also seen an increase in inbound calls from buyers wanting pre-approval for mortgages. Ben Cohen: I’ve definitely seen an increase in inbound calls from people wanting to get pre-approved to buy a home. billion in 2021.

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Pre-approval Marketing Seller concession Mortgages 418

Housing Wire

DECEMBER 29, 2023

To become a real estate agent in New York, you’ll need to complete 77 hours of real estate classes before you can sit the New York real estate exam and apply for your license. Delivery methods: All of the CE Shop’s New York real estate pre‑licensing courses are optimized for a smartphone, tablet, or computer.

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Pre-approval Agents Development Technology 448

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents. Finding business the traditional way.

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Loan Officer Marketing Pre-approval Mortgages 418

Housing Wire

DECEMBER 28, 2023

It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings. In October, 67% of current LOs produced less than one unit of closed loans in October. An additional 21% closed 1.5 units per month and only 12% closed greater than 2.5

Loans 459

Loans FHA loan Mortgages Loan Officer 459

Lighter Side of Real Estate

SEPTEMBER 12, 2023

If you’ve been searching for a house for any amount of time, you’re probably well aware of how important it is to get a mortgage pre-approval before you even start looking at houses, or at least as early on in the process as possible. When Should You Update Your Pre-approval? Pre-approvals aren’t good forever.

Pre-approval 123

Pre-approval Debt-to-income ratio Mortgages Marketing 123

Housing Wire

APRIL 22, 2024

Washington is one of a handful of states where newly licensed salespeople are called real estate brokers (not agents). SAVE 30% Budget Pick Aceable Agent Best audio & mobile app courses Versatile learning options with hands-free audio recordings and a mobile app. Starting from: $ 341 Use HousingWire30. out of 5 stars Rating: 4.5

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Pre-approval Pre-qualification Agents As-is 459

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? .”

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

Housing Wire

DECEMBER 26, 2023

Becoming a Michigan real estate agent is an excellent career choice for anyone who wants flexible working hours and high earning potential. Your first step to get a Michigan real estate license online is to complete a 40 hours of Michigan real estate classes at a state-approved school. out of 5 stars Rating: 4.5 out of 5. out of 5.

HR 448

HR Pre-approval Design Brokerage 448

Housing Wire

FEBRUARY 15, 2023

Steinway, who claims to have closed more than $1 billion of loan volume in his 24-year career, joined Revolution at the end of January, he said in an interview with HousingWire on Wednesday. Closing just shy of $100 million of production in 2022, he’s aiming for a higher loan origination volume in 2023.

Mortgages 370

Mortgages Pre-approval Lending Loan Officer 370

Realty Biz

AUGUST 20, 2023

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

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Pre-approval Debt-to-income ratio Mortgages Loans 94

Housing Wire

DECEMBER 6, 2022

To get into an agent’s circle, an LO has to see problems before they manifest they need to communicate whether the news is good, bad or ugly, agents said. range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah.

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Loan Officer Pre-approval Loans Agents 370

Keeping Current Matters

JUNE 21, 2021

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. A skilled agent will do everything they can to help you stay on top of every possible opportunity. Your ability to do a quick close or make an offer that’s not contingent on the sale of your current home.

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Inspection contingency Pre-approval Inspection Rent back 334

Housing Wire

SEPTEMBER 14, 2020

How can we most efficiently collect the information we need to complete the file, working in parallel if possible, to underwrite the loan and push it on to close? In what cases can we close the loan fully electronically? Consumers go online and shop for rates or contact the lender their real estate agent has suggested.

Lending 488

Lending Mortgages Technology Loans 488

Keeping Current Matters

OCTOBER 28, 2020

In a normal year, the peak homebuying season comes to a close by early fall. From pre-approval to bidding wars and guidance on down payment assistance resources, having an agent by your side might make the difference in your ability to land your dream home. Bottom Line.

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Pre-approval Land Mortgages As-is 312

Housing Wire

APRIL 22, 2024

If you opt for the handwritten note option, I’d shorten this by removing the last paragraph and jumping straight from the data to the closing sentence. Access to a hyper-local agent is more important now than ever. Better yet, get permission from the listing agent to do a mailer around their sold listing, if possible.

Brokerage 465

Brokerage Investor Agents Pre-approval 465

Housing Wire

DECEMBER 20, 2022

Nguyen says he has originated $467 million in origination volume this year, closing 1311 units by the end of November. He built features that cater to realtors’ needs – such as weekly updates on the housing market, daily alerts of mortgage rates and keeping real estate agents informed of borrowers’ pre-approval status.

Loan Officer 74

Loan Officer Pre-approval Loans Technology 74

Housing Wire

FEBRUARY 12, 2024

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. If you’re new to real estate, you’ll need to complete a state-approved course and pass your state’s licensing exam.

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Pre-approval Design Agents Industrial 435

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. Step 3: Closing the deal. Still other buyers might also be home sellers who first need to close on the sale of their old house before they can buy their next house. Step 1: Get pre-approved for a mortgage. kali9 / Getty Images Table of contents: .

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Pre-approval Pre-qualification Due diligence Loans 143

Housing Wire

AUGUST 29, 2022

billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. Broker Hussam Saada of Precision Mortgage closed about 60% of mortgages with UWM after the firm rolled out its new pricing initiative.

Loan Officer 435

Loan Officer Loans Equity Mortgages 435

Realtor.com

OCTOBER 29, 2020

That’s why we’ve put together a home closing checklist, which outlines your action points in those few days leading up to settlement. Keep this closing process list handy to know you’ve done what you need to in order to close the deal. Get final mortgage approval. Review your closing disclosure.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139