Housing Wire

DECEMBER 26, 2022

That compares with $101 billion in HELOC volume and $38 billion in closed-end home-equity originations over the same period this year, according to a recent report by the Urban Institute’s Housing Finance Policy Center. “I Currently, I would say the majority of our volume is some type of HELOC product.”.

Title 505

Title Industrial Closing costs Closing 505

Housing Wire

APRIL 18, 2023

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

Mortgages 370

Mortgages Technology Closing costs Title 370

Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments.

Investor 397

Investor Finance MLS Closing costs 397

Housing Wire

MARCH 20, 2024

The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process. Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday.

Banks 459

Banks Closing costs Lending Equity 459

Housing Wire

OCTOBER 13, 2022

Daniel Wold, ALTA’s president, added: “We will continue speaking out against alternatives to title, which pose an even greater risk to the housing finance system.”. One of the goals they outlined in those plans is a push to reduce closing costs, especially for low-income borrowers. “One “This is a top priority for ALTA.”.

Title 416

Title Closing costs Title search Closing 416

Housing Wire

NOVEMBER 30, 2022

The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”. Last summer, Voxtur bought mortgage servicing rights trading platform Blue Water Financial Technologies.

Industrial 370

Industrial Title Lending Technology 370

Housing Wire

AUGUST 21, 2023

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. The company was ranked 351 last year.

Equity 370

Equity Technology Investor Residential 370

Housing Wire

OCTOBER 21, 2021

The resources help families with 80% or less of the area median income for down payments or closing costs, for example. The Affordable Housing Program (AHP) requires that each of the 11 FHLBanks in America contributes 10% of the preceding year’s net income to the purchase, construction, or rehabilitation of homes.

Banks 370

Banks Loans Equity Development 370

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs).

FHA loan 370

FHA loan Renovation Equity Loans 370

Housing Wire

OCTOBER 19, 2021

As the market shifts from a refinance-driven market to a purchase-driven market, lenders have had to adapt again due to the difference in sourcing leads and the intricacies of financing purchase transactions. All of this translates into the purchase borrower requiring increased touch points and service levels to fulfill these expectations.

Technology 397

Technology Closing costs Lending Mortgages 397

Housing Wire

NOVEMBER 9, 2023

An implementation guide released in May 2022 shows that phase three deals with information related to loan costs; other costs; total closing costs; and lender credits. The GSEs are actively preparing for the next phase of UCD critical edits, phase four.

Loans 435

Loans Closing costs Mortgages Closing 435

Housing Wire

FEBRUARY 23, 2023

The title industry led the way in collaborating with industry partners to expand access to digital closings through remote online notarization (RON), which has helped tens of thousands of homebuyers complete their real estate and mortgage transactions safely and securely through the innovative use of technology solutions.

Title 476

Title Industrial Purchase and sale agreement Title search 476

BAM Media

DECEMBER 19, 2024

Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less. In case the seller refuses, 68% of home buyers say theyll budget for the cost of working with a buyer agent.

Marketing 98

Marketing Closing costs Inspection Agents 98

Housing Wire

FEBRUARY 22, 2024

SW: Looking at the mortgage space, what are some of the challenges when it comes to technology? And it seems like with technology , even when times are good, a lot of companies aren’t interested because there’s so much money to be made. But a lot of these trusted systems run on distributed ledger technology.

Technology 345

Technology Banks Mortgages As-is 345

Real Trends

NOVEMBER 11, 2022

Real estate professionals navigating housing in 2022 and beyond need to know their way around all the financing options available. Without knowledge of lesser-known financing choices, real estate professionals can miss the chance to turn their customers into homeowners, or sellers. . Shared equity financing.

Finance 113

Finance VA loan FHA loan Agents 113

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 396

Lending Banks Loan Officer Loans 396

Housing Wire

MAY 17, 2023

And if you can have a credit card with benefits, cash back and, even more, the option to offset closing costs, that’s valuable. These are world-class technologies, world-class capabilities that don’t come cheap. That’s always relevant day in and day out to 2 million Rocket Money clients. Then you add 2.5

Marketing 370

Marketing Banks Mortgages Industrial 370

McKissock

AUGUST 24, 2022

There is probably some app or bit of technology that can resolve it all together—or at least make it easier to manage. When you are a busy agent who is strapped for time and maybe feeling a little overwhelmed, technology can simplify your life and help you be more productive. Imagine a problem you have in life. CamScanner.

Technology 58

Technology Agents Closing costs Title 58

GeekEstate

MARCH 1, 2023

F inalists are divided into three categories (Construction & Design, Finance, and Policy & Regulatory Reform) and have demonstrated innovative, achievable, and scalable solutions to the housing affordability crisis. Finance Arx: An AI-driven real estate analytics platform that automates the underwriting process.

Construction 116

Construction Finance Development Technology 116

HomeLight

JUNE 30, 2024

The platform offers innovative technologies like its Remote Bid , which allows buyers to bid and win foreclosure properties using a mobile phone app. Auction.com also offers resources to help you understand the auction process, including bidding guidelines, financing options, and market insights.

Short sale 115

Short sale Banks Finance Investor 115

The Close

APRIL 3, 2025

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. However, what really sets Lima One Capital apart is the flexibility and alternative loan options.

Loans 45

Loans Hard money loan Investor Finance 45

Realty Biz

JANUARY 19, 2024

Let's start with some detailed information and actionable tips on financing. From preparing your finances and exploring mortgage options to calculating your budget, these steps set you on the right path toward finding your dream home. These may include financing contingencies or appraisal contingencies.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Realty Biz

NOVEMBER 7, 2021

“That puts the 44 million households who rent at a significant disadvantage when they seek financing for a home, a car, or even an education. The new program uses technology provided by Esusy Financial to help multifamily housing operators report rental payment data entered into their software platforms to the three major U.S.

Closing costs 99

Closing costs Equity Finance Technology 99

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 109

Title House Flipping Title search Sales 109

Realtor.com

MARCH 12, 2021

Consider how many months it would take for you to recoup the costs of closing on a refi, along with how long you’ll be staying at this home. If you can recoup closing costs within two years and plan to stay in your house for longer, the savings on interest means the math will likely work out in your favor.

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

HomeLight

JANUARY 10, 2023

Whatever the case, you don’t have time or energy to give your tropical landscaping a fresh look or wait for snowbirds to secure their financing. Closing costs: You pay no closing costs; FL Cash Home Buyers covers them. Closing costs : No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 98

Closing costs Purchase and sale agreement Closing Sales 98

HomeLight

FEBRUARY 17, 2022

If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require. Overall, reputable We Buy Houses for Cash companies in Texas offer a smooth ride from offer to close. Our advice?

Closing costs 97

Closing costs Closing Sales Staging 97

HomeLight

FEBRUARY 28, 2022

Just request a fair cash offer, choose your closing date, and walk away. Closing costs: You pay no closing costs; Sell Quick California covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Closing costs 97

Closing costs Closing Sales Staging 97

HomeLight

JULY 28, 2022

Closing costs: Sellers pay no closing costs; We Buy Houses in Connecticut covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; Valley Residential Group covers them.

Closing costs 104

Closing costs Purchase and sale agreement Residential Closing 104

HomeLight

FEBRUARY 28, 2022

The company provides quick offers, flexible closing dates, and $10,000 in earnest money to show that it is serious when buying real estate. Closing costs: The Buy-Out Company covers a seller’s closing costs , but you are still responsible for any prorated property taxes owed. out of 5 as well as a 4.73

Closing costs 98

Closing costs Closing Sales Staging 98

HomeLight

AUGUST 12, 2022

Closing costs: Sellers pay no closing costs; We Buy Houses ® covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Individual investor fees may vary.

Closing costs 98

Closing costs Purchase and sale agreement Closing Staging 98

HomeLight

AUGUST 10, 2022

They also promise a fast, easy, and transparent selling process, with closing in as little as 24 hours. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 97

Closing costs Purchase and sale agreement Closing Staging 97

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Plus, you’ll save money on things like commissions, repairs, and closing costs.”.

Proof of funds 144

Proof of funds Investor Due diligence Title 144

HomeLight

AUGUST 11, 2022

Closing costs: According to its Facebook page, sellers pay no closing costs; The Buy Guys covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. After that, a no-obligation cash offer is provided and closing can happen in as little as seven days.

Closing costs 97

Closing costs Purchase and sale agreement Closing Staging 97

HomeLight

AUGUST 16, 2022

They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Closing costs: Sellers pay no closing costs; Minnesota Home Guys covers them.

Closing costs 98

Closing costs Purchase and sale agreement Closing Staging 98

HomeLight

APRIL 11, 2023

Best Cash Offer in Texas shares on its website that by using an in-house construction team, it is able to keep offers both fair and consistent throughout the transaction (some house-buying companies are known to drop the value of their offer last minute before closing). Individual investor fees may vary.

Purchase and sale agreement 102

Purchase and sale agreement Closing costs Closing Sales 102

HomeLight

JULY 28, 2022

If you accept, you can typically close within a week. Closing costs: Sellers pay no closing costs; We Buy Houses Delaware covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. If you accept, you can close in as few as seven days.

Closing costs 98

Closing costs Purchase and sale agreement Closing Staging 98