Realty Biz

MARCH 30, 2023

There are fixed-rate mortgages, adjustable-rate mortgages, hybrid loans, reverse mortgages, and FHA loans that all come with varying interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

Redfin

JULY 11, 2023

The interest rate and term length determine the amount of your monthly payments. What are the different types of mortgages? When considering mortgage options, it’s important to understand the different types available. How does the mortgage pre-approval process work? What are closing costs?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Norada Real Estate

JUNE 22, 2022

As a cash buyer, you can also save on closing costs. You don't need to pay a bank attorney for the mortgage. Financing turnkey rental properties with cash means you don't need to put real estate taxes in escrow upfront nor pay for a mortgage application and loan origination fees. Fixed-rate mortgages.

Finance 96

Finance FHA loan Investor Loans 96

Redfin

SEPTEMBER 27, 2021

Shopping for a mortgage, you might encounter lenders who pre-qualify you for a higher loan amount than you expected. Many lenders work with standard debt-to-income ratio calculations which don’t take into account other costs of home ownership. What’s a “comfortable” mortgage payment vs. an “aggressive” one?

Debt-to-income ratio 71

Debt-to-income ratio Closing costs Loans Title 71

Redfin

FEBRUARY 10, 2023

The Emerald City is a bustling city known for its tech industry and stunning natural beauty. Stable monthly payments When you buy a home with a fixed-rate mortgage, you lock in your monthly housing expenses for the life of your mortgage. Starting your home buying journey with a budget in mind is a good first step.

Equity 59

Equity Closing costs Mortgages Pre-approval 59

The Close

DECEMBER 29, 2022

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98