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LOs and brokers, are you prepared for an evolving workforce?

Housing Wire

In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? More people are diversifying their income streams and opting to work for themselves or through real estate investments. Why partner with Newrez?

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Why Can You Pay $2,000 in Rent (Or Any Other Amount) but Not Be Approved for a Mortgage That Costs the Same Amount per Month?

Lighter Side of Real Estate

Unless you come into a windfall of money, most people need to get a mortgage in order to buy a home, so getting a mortgage pre-approval to find out how much a lender will allow you to spend is the first step. In addition, some landlords may be willing to overlook poor credit or a lower income. But it isn’t quite that simple.

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Thinking About a Rent-to-Own House? Here’s What You Need to Know

HomeLight

The seller can determine the terms of the option, which may or may not include a pre-set purchase price for the home. A mortgage lender will still want buyers to meet all the standard qualification requirements, including adequate credit, employment, and debt-to-income ratio. Lease-purchase agreements.

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FHA Mortgage Rates by Credit Score: 620, 700, 580, 640

Marco Santarelli

However, it is important to note that interest rates can vary depending on a number of factors, including the loan amount, loan term, and the borrower's debt-to-income ratio. Get pre-approved for a mortgage before you start shopping for a home. Borrowers with a credit score of 680 and a down payment of at least 3.5%

FHA loan 105
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Debt-to-income ratio (DTI).

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Today’s Mortgage Rates April 6, 2025: Rates Go Down Amid Tariff Turmoil

Marco Santarelli

Its important to note that specific lender rates may vary based on individual qualifications and market conditions. The relationship between these tariffs and investor sentiment has led to lower yields on U.S. Market Sentiment and Investor Behavior : The uncertain nature of global trade can lead to fluctuations in market confidence.