Housing Wire

JUNE 28, 2022

One week ago, problems emerged: FGMC’s loan approval, which usually took one business day after due diligence was completed, was taking four days. Two mortgage executives whose companies sold loans to FGMC said the firm often paid 20 basis points higher than other investors on 30-year fixed-rate mortgages.

Loans 397

Loans Due diligence Fixed-rate mortgage Lending 397

Marco Santarelli

APRIL 4, 2025

This yield is a crucial benchmark because it heavily influences the cost of borrowing for things like mortgages, especially the popular 30-year fixed-rate mortgage. Don't let lower rates tempt you into overextending yourself. Do Your Due Diligence: Research the local housing market in your area.

Mortgages 59

Mortgages Construction Due diligence Fixed-rate mortgage 59

Realty Biz

MARCH 30, 2023

Understand the Types of Mortgages, Interest Rates, and Fees Before you can get started, it's important to understand the different types of mortgages available and the associated interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

HomeLight

MARCH 22, 2022

Ever heard of the due diligence fee in North Carolina? Not to rain on your parade, but North Carolina has something called the due diligence fee, separate from the down payment or earnest money deposit, that you need to have ready to nab that home. North Carolina is unique with its due diligence expense.

Due diligence 105

Due diligence Closing costs Earnest money deposit Loans 105

Realtor.com

MARCH 15, 2021

In most cases, sellers are subject to the same regulations as a mortgage lender if they finance the deal themselves, which is good news for you. But I hope you also did your own due diligence before taking the leap with this home purchase. Yes, an 8.99% interest rate is high, especially by today’s standards.

Finance 70

Finance Due diligence Fixed-rate mortgage Lending 70

Fancy Pants Homes

JUNE 9, 2022

Doing your due diligence on mortgage providers, asking for quotes from several different institutions, and consulting advisors from both leading and smaller providers can help you identify and lock in the best rates available to you. 10 Mistakes to Avoid When Refinancing a Mortgage (mortgageloan.com).

Mortgages 59

Mortgages Due diligence Equity Fixed-rate mortgage 59

HomeLight

AUGUST 31, 2021

That may be around the same or double what you’ll pay again in closing costs when you eventually get a mortgage on the house. She advises would-be buyers to work with an experienced agent and exercise due diligence to make sure they have the best possible chance of successfully purchasing the home. Do your due diligence.

Purchase and sale agreement 124

Purchase and sale agreement Due diligence Closing costs Mortgages 124