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Opinion: Is the lending market overcorrecting toward tech? Maybe

Housing Wire

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Yes, a customer should be able to fill out a pre-qualification application digitally. Customer acquisition costs go up. KPIs take a hit.

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7 Things Sellers Need to Know About FHA Loans When Fielding Offers

HomeLight

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. Defective paint surfaces in homes constructed pre-1978. You can contribute up to 6% of your buyer’s closing costs.

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20 Home Buying Tips for First- or Second-Time Buyers

HomeLight

A buyer could also ask for a closing cost credit, which can offset closing costs.” 4 expert financing and closing tips Tip 17: Get preapproved for a loan McKinney says that no matter how qualified you think you are, making sure you have your preapproval letter is very important. “I

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Best Ways to Choose a Mortgage Lender

Realty Biz

We will discuss how to search for a lending institution you will love. Some will have specific qualifications. Get Pre-Approved Once You Choose a Lender If you speak to any Realtor, they will speak about the importance of getting pre-approved for a mortgage. With so many choices, how do you make the best selection?

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6 Best Fix and Flip Loans in 2025

The Close

of purchase price and 100% of renovation cost RCN Capital is a private lender that offers a variety of loan programs for real estate investors. It also offers lending to foreign nationals and includes no-doc and low-doc loan options for flippers who may not have typical income documentation. How to qualify for a fix and flip loan?

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Low Housing Stock and Large Down Payments Stand in the Way of the Next Generation of AAPI Homebuyers

RIS Media

The 2019 – 2020 State of Asia America Report , an annual AREAA publication, provides a snapshot of the state of AAPI homeownership pre-COVID-19. Additional closing costs associated with VA loans. AREAA represents more than 17,000 members across 41 chapters. The report also found that more than 4.1

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Mastering Mortgage Basics: 10 Key Concepts Every Homebuyer Should Know

Redfin

Government-backed loans, such as FHA or VA loans, provide more flexible qualification criteria and specific benefits. Technological advancements have greatly simplified the document submission process for borrowers in the mortgage industry,” shares Ron Haddad Lending Team. How does the mortgage pre-approval process work?