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Unison unveils ‘hybrid’ home equity sharing loan

Housing Wire

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco -based Unison calls its new offering the Equity Sharing Home Loan. home equity by the end of this year.

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How will first-time buyers fare if sellers can’t offer buyer agent compensation?

Housing Wire

But for first-time and other cash-strapped buyers—those who are not relying on the proceeds of a home sale, who may be using a 100% financed VA loan, whose agents may be layering forms of assistance to put together enough cash for closing—knowing in advance about the seller’s contribution to their agent costs may be essential.

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Positive signs abound for 2024 housing market: ICE

Housing Wire

Under such a scenario, more than half would be homeowners who financed in 2023, with less than 10% coming from 2022-vintage loans. But that number is still 9 percentage points above the 30-year average debt-to-income ratio of 24.2% million to 3.8 and slightly less than the 33.8% This number rose by 12%, or $1.14

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Mortgage costs, lender denials jumped in 2022: CFPB

Housing Wire

Higher costs and rates meant customers taking out mortgages in 2022 devoted a higher share of their income towards paying home loans. The average debt-to-income ratio for Hispanic White and Black borrowers reached over 40% in 2022, about 39% among Asian applicants and 37% for non-Hispanic whites. in 2022, up from 8.3%

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Can I Get a No-Appraisal Home Equity Loan?

HomeLight

You’ve been thinking about tapping into your home’s equity for a project or purchase that’s been on your “someday” list, but the time and expense of the appraisal and process have held you back. You might be wondering if you can get a no-appraisal home equity loan. Get Estimate What is a no-appraisal home equity loan?

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Hard Money Lenders Orange County: Fast Financing Solutions

HomeLight

Hard money loans offer a flexible financing option outside of traditional banks, perfect for those who need quick cash, have limited savings, or face credit issues. If you’re looking for a quick and flexible financing option for your real estate ventures in Orange County, a hard money loan might be the solution.

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Hard Money Lenders Long Island: Alternative Financing Options

HomeLight

Whether you’re flipping a beach bungalow in the Hamptons or investing in a rental near Huntington, hard money lenders on Long Island offer quick, flexible financing options that traditional lenders might not provide. Their clients often include house flippers and those investing in rental properties , needing fast, flexible financing.

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