Remove Land Remove Pre-approval Remove VA loan
article thumbnail

VA removes pre-approval process for some loans?

Housing Wire

The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. The VA did not immediately respond to requests for comment. The post VA removes pre-approval process for some loans?

article thumbnail

Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Evergreen topics might include: how to prepare to list your house, everything your client needs to know about VA loans; or which home improvements yield the best financial return in a home sale.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Answering Your Top Questions About Home Affordability Calculators

HomeLight

It’s tough to say without a mortgage approval, but it always helps to start with a home affordability calculator. You may be wondering how affordability calculators work if you’re ready to get some numbers down on paper before showing up for a pre-qualification meeting with a lender. How much can I afford with a VA loan?

article thumbnail

9 Email Ideas to Send to First-Time Homebuyers

BAM Media

Some might land in the right hands, but most end up as litter, trampled underfoot, and eventually collected and tossed in a bin. Define common terms like pre-approval, closing costs, etc. Imagine throwing flyers from a helicopter. to help them feel more competent and in control of the process.

article thumbnail

What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

article thumbnail

Your Guide to Starter Homes in Today’s Housing Market: Do They Still Exist?

Redfin

Cheap land is harder to come by, and buyer expectations have also evolved. Rising land costs, limited inventory, and changing buyer demographics all influence what qualifies as a starter home today. The Sun Belt region is also seeing growth, with builders drawn to lower land and labor costs. >>See

article thumbnail

Am I A First-Time Homebuyer? Who’s Qualified … And Who Isn’t

HomeLight

If you don’t have a lot of cash saved and you are a veteran or looking for a home a bit outside of the city, then you may qualify for no-down payment loans, such as a VA or USDA loan. Don’t let the name fool you: areas designated for Rural Development loans can be closer to cities than you might expect.