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Better introduces VA refi loan with no appraisal or closing costs

Housing Wire

New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs. Better is now offering the well-known Interest Rate Reduction Refinance Loan (IRRRL) through the U.S.

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Help Your Clients Save Thousands with a VA Loan Assumption

Lab Coat Agents

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? This can provide significant savings compared to taking out a new loan at prevailing market rates.

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Agents, do you know all of the financing options available to your customers?

Real Trends

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. .

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

Research different types of mortgages available, such as conventional, FHA, or VA loans. Using Online Real Estate Tools Thanks to technological advancements, searching for properties online has never been easier. Remember that even a slight difference in interest rates can significantly impact the overall cost of your home loan.

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Opinion: Realtors, it’s time to raise your voice for consumers

Real Trends

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. You understand and provide guidance on the financial aspects of the transaction, like mortgage rates, closing costs and appraisals.

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From Contract to House Keys: Breaking Down the House Closing Process

HomeLight

The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. In January 2021, the average time to close was 58 days. Step 5: Review the Loan Estimate. The charges will likely be included in your closing costs.).

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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. What are closing costs?