Housing Wire

MAY 25, 2022

In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? When it comes to business growth this year and beyond, industry experts agree that 2022 is the year of the non-qualified mortgage (non-QM) loan.

Debt-to-income ratio 403

Debt-to-income ratio Lending Pre-qualification Loans 403

BAM Media

JULY 2, 2024

It’s an acronym that provides a framework for conversations around buyer qualification. I’m not a big fan of asking, “ Hey, are you pre-approved ? If they say no, and they’ve been pre-approved with enough cash to put down, great! For industry news, edutainment, and humor, sign up for the BAM newsletter.

Pre-approval 52

Pre-approval Debt-to-income ratio Pre-qualification Purchase and sale agreement 52

Realty Biz

SEPTEMBER 30, 2023

Let's delve deeper into these topics to guide you towards an affordable home financing solution. They can help you navigate the mortgage process and identify suitable options based on your financial situation and provide you with a pre-approval. Get pre-approved: Before house hunting, consider getting pre-approved for a mortgage.

Finance 95

Finance Debt-to-income ratio FHA loan Mortgages 95

HomeLight

AUGUST 31, 2020

VA loans also offer even more benefits, like better interest rates and less strident qualifications — but as the name indicates, they are only available to current military members or veterans (or their spouses). USDA Rural Development loans also allow for 100% financing (or 0% down). down and a minimum credit score of 580.

Debt-to-income ratio 93

Debt-to-income ratio FHA loan Pre-qualification VA loan 93

HomeLight

JULY 30, 2021

New Mexico agent Valerie Almanzar , who has more than 15 years of experience in the real estate industry, says that while rent-to-own properties aren’t the norm these days, they can and do still happen. “If The seller can determine the terms of the option, which may or may not include a pre-set purchase price for the home.

Purchase and sale agreement 98

Purchase and sale agreement Debt-to-income ratio Pre-qualification Inspection 98

HomeLight

MAY 31, 2021

One of the first things you’ll want to know is just how much house you can afford , which is based on your income, credit score, debt-to-income ratio (DTI), and savings amount (including your down payment). I had some clients a few years ago that had trouble qualifying because they had a lot of debt.

Mortgages 85

Mortgages Debt-to-income ratio Loans Closing costs 85

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This works in your client’s favor if they are collecting on investments, but against them when applied to debt. Debt-to-income ratio (DTI). Construction loan.

Purchase and sale agreement 98

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