Housing Wire
DECEMBER 28, 2023
In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.
Housing Wire
MARCH 30, 2021
It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. Borrowers don’t always know or understand how their credit or debt-to-income ratio (DTI) impacts the type of loan they can qualify for. Or, give up looking altogether.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 6, 2023
The program was launched in October 2022 to provide brokers $10 single-bureau soft credit checks for conventional loans. But the Pontiac-based lender expanded Safe Check to government and jumbo loans, it announced Wednesday. In January 2023, it expanded to offer a three-bureau soft check for $23.
Housing Wire
MAY 14, 2024
The company said it will be using generative artificial intelligence (AI) and machine learning technologies to provide customers with personalized recommendations, credit management solutions, budgeting assistance and loan qualification tools. million in pre-seed funding in 2016.
Housing Wire
JANUARY 18, 2022
” Per the company’s website , it takes five minutes to receive a pre-qualification for a mortgage, though final approval is conditional on finishing the application and providing supporting documents. Milo said that it has originated millions of dollars in loans and has had applicants from over 63 countries. “As
Housing Wire
FEBRUARY 14, 2024
Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.
Housing Wire
JULY 11, 2022
I do think a primary issue that has come up over these years is that non-QM borrowers and non-QM loans, they’re not the subprime of the pre-financial crisis,” he said. This is because they’re the ones that are going to be doing the pre-qualifications for you.
Expert insights. Personalized for you.
459 
Let's personalize your content