Housing Wire

OCTOBER 19, 2022

The IMBs originated 90% of FHA and VA loans and issued 90% of Ginnie Mae mortgage-backed security, the report said. In 2021, non-depository institutions accounted for 64% of first-lien, owner-occupied, site-built home-purchase loans.

VA loan 435

VA loan FHA loan Fixed-rate mortgage Banks 435

Housing Wire

SEPTEMBER 9, 2024

Jim Cory “We’re really focused on looking at this as a regular mortgage option, something we can roll out to more and more of our Guild regional and branch loan originators,” he said. Department of Veterans Affairs (VA) loans is a key element of the strategy in bringing them aboard as customers.

Mortgages 448

Mortgages VA loan Branding Loans 448

HomeLight

SEPTEMBER 20, 2024

If you’re on active duty, a military veteran, or the surviving spouse of someone who has served in the military, buying a home could be more affordable than you realize, thanks to the home loan offered by the Department of Veterans Affairs (VA). VA loan basics: How common are these types of mortgages?

VA loan 105

VA loan Loans Mortgages Renovation 105

Housing Wire

MARCH 28, 2024

Approximately 91% of the company’s volume last year consisted of purchase loans, with refis accounting for 5% and the remaining share coming from home equity lines of credit (HELOCs). Better has been launching digital products with its proprietary technology, including digital VA loans and a one-day mortgage product.

Loan Officer 459

Loan Officer VA loan Loans Technology 459

Housing Wire

APRIL 5, 2022

It also represents yet another sweetener designed to convince brokers to choose them over rival United Wholesale Mortgage. February and March were when the firm saw the best closing turn times for Rocket Pro TPO, Randolph said, though he would not disclose the average number of days it took to close a loan.

Closing 397

Closing Loans VA loan Mortgages 397

Housing Wire

JANUARY 26, 2022

Schwartz in a statement said that this expansion “is proof that there’s tremendous appetite for what we’ve built – a digital experience, designed from the ground up to meet the needs of homebuyers today.”. ” According to the company, jumbo loans will be available for both 15-and-30-year cycles.

Mortgages 369

Mortgages Pre-approval VA loan Lending 369

Housing Wire

MAY 24, 2024

Other government-backed loan programs include FHA loans which typically require only a 3.5% down payment, as well as VA loans for active-duty service members, surviving spouses, and veterans, which do not require a down payment or mortgage insurance. USDA loans may be available if you live in a designated rural area.

Debt-to-income ratio 468

Debt-to-income ratio Loans Pre-approval VA loan 468

BAM Media

NOVEMBER 11, 2024

® released a report showcasing the benefits that VA loans offer to military families. of homes purchased with VA loans involved down payments of less than 10%, and 74.5% purchased with 0% down—a standout feature of VA loans. average for conforming loans. .” average for conforming loans.

VA loan 52

VA loan Loans Agents Industrial 52

Redfin

FEBRUARY 18, 2025

Paying more interest overall: Over the life of the loan, you’ll end up paying more interest because you’re borrowing a larger amount. USDA loans USDA loans , formally known as USDA Rural Housing Loans, are mortgage loans offered by the U.S. VA loans A VA loan is a mortgage loan guaranteed by the U.S.

Closing costs 52

Closing costs Closing VA loan Seller concession 52

Housing Wire

DECEMBER 30, 2020

United Wholesale Mortgage caught headlines by offering rates as low as 2.25% for VA loans (though, to be fair, ultra-low-rate products aren’t always what they seem ). Taking advantage of the low interest rates, some lenders began offering products at never-before-seen levels.

Mortgages 545

Mortgages Loans VA loan Investor 545

Housing Wire

SEPTEMBER 16, 2021

Perhaps even more important, these data also showed the largest quarterly declines in the history of the survey for both FHA and VA loans. Source: MBA’s National Delinquency Survey. Last year, the FHA delinquency rate reached an all-time high of 15.65%. Exits also were very rapid at both the 3-month and 12-month points.

Mortgages 501

Mortgages Loans VA loan Investor 501

Housing Wire

JANUARY 26, 2024

Department of Veteran Affairs (VA) loans. Your system of getting competitors together to found and enforce rules that are designed to stabilize prices is wrong,” he said. “It He added that NAR’s Participation Rule, which created this requirement, is “used to stabilize prices.” It is against the law.

MLS 468

MLS VA loan Agents As-is 468

Housing Wire

JULY 29, 2024

Loan Buddy Single-family origination Focused on helping limited English proficiency (LEP) buyers with the mortgage process, Loan Buddy would convert documents, explain terms, offer overviews and answer question in the user’s chosen language. Conversations with Loan Buddy would be recorded and available to the loan team.

Loans 360

Loans VA loan Technology Property Management 360

Housing Wire

NOVEMBER 29, 2022

The Federal Housing Finance Agency (FHFA), the regulator of Fannie Mae and Freddie Mac, announced that the baseline conforming loan limit in 2023 will increase by 12.21%, or $79,000, compared to 2022 , to $726,200. The new ceiling for one-unit properties in designated high-cost areas will reach $1,089,300 — or 150% of $726,200.

Loans 284

Loans VA loan Lending Mortgages 284

Marco Santarelli

MARCH 4, 2025

VA Loans: For eligible veterans, VA loans offer great benefits, including no down payment and often lower interest rates. FHA Loans: FHA loans are insured by the Federal Housing Administration and are designed for borrowers with lower credit scores or smaller down payments. ARMs can be risky.

Mortgages 95

Mortgages Debt-to-income ratio VA loan FHA loan 95

Housing Wire

AUGUST 7, 2023

The emergence of the “gig economy,” where more people earn their money by working multiple part-time or temporary jobs, presents challenges for underwriters who are bound by a process that was designed when 90% of the population earned a standard paycheck. This practice disproportionately affects minority first-time homebuyers.

Closing 370

Closing Fixed-rate mortgage Debt-to-income ratio Lending 370

Housing Wire

AUGUST 2, 2024

“This strategic positioning is designed to ensure our clients not only benefit from potential rate decreases but are also well-informed and prepared to act quickly to optimize their mortgage terms. ”

Mortgages 514

Mortgages FHA loan Loans Loan Officer 514

Marco Santarelli

DECEMBER 28, 2024

VA Loans VA loans provide flexible financing solutions, particularly for veterans and active service members. Work with Norada in 2025, Your Trusted Source for Turnkey Investment Properties Discover high-quality, ready-to-rent properties designed to deliver consistent returns.

VA loan 52

VA loan Mortgages Fixed-rate mortgage Loans 52

Marco Santarelli

JANUARY 25, 2025

VA Loan Advantages: If youre a veteran or on active duty, you should definitely pay attention to this. VA loans are government-backed and tend to have some seriously attractive rates. The 15-year VA refinance rate, at 5.89% , is particularly eye-catching, it is about 0.2% lower than conventional 15-year loans!

Mortgages 68

Mortgages VA loan Fixed-rate mortgage Equity 68

Housing Wire

FEBRUARY 27, 2023

Department of Veterans Affairs (VA) seals, the Federal Housing Administration ( FHA ) logo, and other language or design elements to falsely imply that RMK was affiliated with the government,” the CFPB said. RMK Financial is a nonbank that is licensed as a mortgage broker or lender in at least 30 states and Puerto Rico.

Lending 397

Lending Industrial Mortgages Loans 397

Lab Coat Agents

MAY 21, 2024

Qualification Process: While buyers still need to qualify for an assumable mortgage, the process may be more streamlined compared to applying for a new loan. Types of Assumable Mortgages There are three primary types of assumable mortgages: VA Loans: Backed by the U.S.

VA loan 98

VA loan Mortgages Loans FHA loan 98

HomeLight

DECEMBER 8, 2023

They must meet credit and income qualifications, but this can be a smooth path for transferring your loan. VA loans VA loans , designed for military service members and veterans, are also assumable. However, the process involves approval from the VA or the lender.

VA loan 116

VA loan FHA loan Mortgages Loans 116

Housing Wire

APRIL 5, 2023

I caution you that as you go down this road of automation, you have to also look at what the end user experience is, what human-centered design is telling you,” Bell said. They’re wanting that relationship on the other end of that phone or in-person (…).

Technology 394

Technology Loans Mortgages Industrial 394

Housing Wire

JUNE 30, 2023

A former quality control underwriter estimated that around 20% of government loan files audited by Movement after endorsement had material deficiencies, the lawsuit claims. “Lenders participating in mortgage programs backed by taxpayers must follow the rules designed to protect both program integrity and homeowners,” U.S.

Loans 397

Loans Mortgages Land Development 397

Marco Santarelli

DECEMBER 24, 2024

FHA and VA Loans : The 30-Year FHA rate stands at 5.58% and VA loans at 6.10% , making these government-backed loans attractive options for certain borrowers, often with lower down payments required. Recommended Read: Did Mortgage Rates Rise or Drop on December 23, 2024?

Mortgages 52

Mortgages VA loan Loans Finance 52

RIS Media

MARCH 18, 2022

Department of Veterans Affairs (VA), has released a two-part educational video series on the VA Home Loan Guaranty Program, designed to help REALTORS® better serve veteran and active-duty homebuyers achieve homeownership with VA loans, the organization announced this week.

VA loan 98

VA loan Loans Design Marketing 98

Rent, Buy & Sell

FEBRUARY 7, 2021

Instead, they guarantee the loan by approving and insuring banks and lending institutions. With FHA backing, these loans are more attractive to banks as they come with less risk than a traditional mortgage. VA loans are for veterans, service members, military spouses and other people associated with the military.

Loans 98

Loans VA loan FHA loan Hard money loan 98

HomeLight

DECEMBER 5, 2023

Veterans Affairs (VA) Loans VA loans are also assumable. However, for these loans, the buyer must meet specific eligibility criteria set by the VA and the lender’s requirements. United States Department of Agriculture (USDA) Loans USDA loans , designed to support rural homebuying, are assumable too.

FHA loan 116

FHA loan VA loan Mortgages Loans 116

Marco Santarelli

DECEMBER 31, 2024

30-Year VA 6.08% -0.04 15-Year VA 5.63% -0.07 5/1 VA 6.27% -0.03 30-Year VA 6.11% -0.03 15-Year VA 5.99% -0.01 5/1 VA 6.50% -0.04 Work with Norada in 2025, Your Trusted Source for Turnkey Investment Properties Discover high-quality, ready-to-rent properties designed to deliver consistent returns.

Mortgages 52

Mortgages Fixed-rate mortgage VA loan Finance 52

Marco Santarelli

DECEMBER 21, 2024

FHA and VA Loans For low-income or first-time homebuyers, FHA loans provide essential options. These loans are insured by the Federal Housing Administration and require lower credit scores and down payments. These loans are insured by the Federal Housing Administration and require lower credit scores and down payments.

Mortgages 52

Mortgages VA loan Loans FHA loan 52

Marco Santarelli

DECEMBER 22, 2024

Work with Norada, Your Trusted Source for Turnkey Investment Properties Discover high-quality, ready-to-rent properties designed to deliver consistent returns. As rates continue to fluctuate and economic conditions evolve, staying informed will be key to making strategic choices regarding home buying and refinancing.

Mortgages 52

Mortgages VA loan Fixed-rate mortgage Debt-to-income ratio 52

Marco Santarelli

MARCH 11, 2025

Veterans Affairs (VA) Loans : For eligible veterans, active-duty service members, and some members of the National Guard and Reserves, VA loans offer favorable terms, such as no down payment and lower interest rates, making homeownership more accessible to those who have served in the military.

Fixed-rate mortgage 52

Fixed-rate mortgage Mortgages VA loan FHA loan 52

Point2Homes

AUGUST 26, 2021

Unconventional Loans. Most unconventional loans are backed by a government entity. They are designed to help segments of the population that might otherwise find it hard to qualify for a conventional loan. Here are the most common types of unconventional mortgage loans. USDA Loans. Backed by the U.S.

Loans 103

Loans Mortgages Fixed-rate mortgage FHA loan 103

Marco Santarelli

FEBRUARY 16, 2025

Understanding VA and FHA Loans For first-time homebuyers or those with limited funds for a down payment, VA (Veterans Affairs) and FHA (Federal Housing Administration) loans are two excellent options to consider. VA Loans : These loans are backed by the U.S.

FHA loan 52

FHA loan Mortgages Principal VA loan 52

HomeLight

SEPTEMBER 21, 2020

Special designations, like military-relocation specialist. In that sense, an agent with a special designation like Military Relocation Professional (MRP) can grant peace of mind. Market your transferable VA Loan Terms. Anyone can assume the VA loan, not just a military member.

VA loan 111

VA loan Purchase and sale agreement Loans Agents 111

Lab Coat Agents

FEBRUARY 7, 2023

The minimum down payment for an FHA loan is 3.5%. VA Mortgage: A mortgage guaranteed by the Department of Veterans Affairs (VA) is available to eligible active-duty service members and veterans. VA loans typically offer favorable terms, including no down payment or monthly mortgage insurance premiums.

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

HomeLight

JUNE 30, 2021

USDA loan. Department of Agriculture loan is a zero-down mortgage option for qualifying homebuyers and homes. USDA loans can only be used to buy homes in designated locations, which typically cover rural and some suburban areas. Most of these loans aren’t directly offered through the USDA. Must have U.S.

VA loan 94

VA loan FHA loan Mortgages Closing costs 94