Housing Wire

APRIL 27, 2021

With SIME technology, it’s easy. TMS Subservicing has Freddie, Fannie, Ginnie, Fitch Rating, FNMA Star, conventional loans, FHA loans, VA loans and more. We wanted a subservicer that would allow us to stay proactive and in front of our customers,” said Eddy Perez, CEO of EPM.

VA loan 370

VA loan FHA loan Loans Technology 370

Real Trends

NOVEMBER 11, 2022

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. . USDA loans.

Finance 113

Finance VA loan FHA loan Agents 113

Lab Coat Agents

FEBRUARY 7, 2023

Third, you want to find an agent who uses technology to their advantage. FHA mortgage: A mortgage insured by the Federal Housing Administration (FHA) is a good option for first-time homebuyers and other borrowers with limited resources. The minimum down payment for an FHA loan is 3.5%. What Are VA Loans?

FHA loan 96

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

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? This can provide significant savings compared to taking out a new loan at prevailing market rates.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

Realty Biz

JULY 23, 2023

Recent changes and technological advancements are shaping the lending landscape. Understanding the available options can help navigate the loan process successfully. These loans often have more flexible requirements compared to conventional loans, making them accessible and attractive for those with 1099 income.

Debt-to-income ratio 72

Debt-to-income ratio FHA loan Lending Loans 72

Realtor.com

JANUARY 11, 2023

Since mortgage rates spiked in October to over 7% for a 30-year fixed-rate loan for the first time in 20 years, this could indeed determine if a first-time buyer can qualify for a home or not. Another benefit of working with a builder’s lender is that the lender is usually well-versed in FHA and VA loan options.

New Construction 110

New Construction Construction VA loan Finance 110

Lab Coat Agents

JUNE 17, 2024

Assuming an existing FHA loan with a lower interest rate can significantly reduce monthly mortgage payments, making homeownership more affordable and accessible for these buyers. Industry Reaction The industry has generally responded positively to the fee updates from the FHA and VA.

Loans 52

Loans VA loan FHA loan Finance 52

HomeLight

MARCH 24, 2022

he’d “like to see the industry do a better job of leveraging technology to improve the efficiency and accuracy of home appraisals. Different loans can make the response time longer as well, Daniels says. In 2022, Adler says, ??he’d So it can be a matter of days to weeks, depending on the market conditions,” Cullen says.

FHA loan 105

FHA loan Inspection Loans Sales 105

HomeLight

AUGUST 20, 2021

FHA loans require a special appraisal. If the buyer is financing the property with an FHA loan, an official FHA loan appraiser must conduct the appraisal, in accordance with HUD’s designated guidelines. The FHA appraiser ensures that the property meets HUD’s minimum property requirements. .

FHA loan 105

FHA loan Inspection Pre-approval Loans 105

HomeLight

OCTOBER 29, 2021

The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close.

Closing 111

Closing Inspection Title Due diligence 111

Marco Santarelli

JULY 20, 2024

Employment stability : Job security often plays a role in the decision to purchase a home.

Debt-to-income ratio 52

Debt-to-income ratio VA loan FHA loan Lending 52

Redfin

MAY 2, 2023

The state’s economy is driven by various industries, including technology, tourism, energy. However, many loan options are available that require lower down payments, including FHA loans, which may require as little as 3.5% The job opportunities are plentiful.

Pre-approval 66

Pre-approval FHA loan Loans Finance 66

Housing Wire

DECEMBER 4, 2024

ICE Mortgage Technology reported a national delinquency rate of 3.48% in September, up from 3.29% a year earlier. Walsh said that there’s a “big question mark” related to FHA loans, which recorded a 10.46% delinquency rate in Q3 2024, up from 9.5% Signs of financial stress are concentrated in specific portfolios.

VA loan 305

VA loan Mortgages Debt-to-income ratio FHA loan 305

HomeLight

JANUARY 12, 2022

But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Conventional loan. 1 and accept an offer on Jan.

Closing 116

Closing Purchase and sale agreement Pre-approval Inspection 116

HomeLight

SEPTEMBER 14, 2020

Denying federally backed mortgages to people in redlined neighborhoods, such as FHA loans or VA loans. Denying other types of loans (such as student loans or auto loans) to people in redlined neighborhoods. Reverse redlining: Charging people in redlined neighborhoods more for the same mortgage.

Loans 98

Loans VA loan FHA loan Banks 98

Housing Wire

FEBRUARY 27, 2025

In November 2024, a spate of natural disasters most notably hurricanes Helene and Milton that struck the Southeast in the fall pushed late-payment rates to a three-year peak , according to ICE Mortgage Technology. Department of Veterans Affairs (VA) loans had past-due shares of 11% and 4.7% at the end of 2024.

Mortgages 198

Mortgages VA loan FHA loan MLS 198