Keeping Current Matters

JULY 19, 2022

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.

Pre-approval 317

Pre-approval 317

Keeping Current Matters

JANUARY 24, 2022

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important?

Pre-approval 311

Pre-approval Mortgages 311

Keeping Current Matters

SEPTEMBER 16, 2022

Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Some Highlights.

Pre-approval 284

Pre-approval Mortgages Finance Loans 284

Keeping Current Matters

SEPTEMBER 25, 2023

If you’re looking to buy a home this fall, there are a few things you need to know.

Pre-approval 359

Pre-approval 359

Keeping Current Matters

JANUARY 19, 2023

One of the first steps in your homebuying journey is getting pre-approved.

Pre-approval 256

Pre-approval 256

Keeping Current Matters

OCTOBER 24, 2022

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved.

Pre-approval 240

Pre-approval 240

Keeping Current Matters

APRIL 24, 2023

If you’re buying a home this spring, today’s housing market can feel like a challenge.

Pre-approval 269

Pre-approval Marketing 269

Keeping Current Matters

SEPTEMBER 10, 2024

Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market.

Pre-approval 343

Pre-approval Mortgages Sales Marketing 343

Housing Wire

FEBRUARY 4, 2021

Get pre-approved before beginning your home search. A mortgage pre-approval is non-negotiable in this environment. When faced with multiple bids, pre-approved ones are typically stand-outs, indicating a buyer is prepared, ready to buy and a safe bet to follow through with the deal. The bottom line.

Earnest money deposit 546

Earnest money deposit Pre-approval Marketing New Construction 546

Housing Wire

JUNE 30, 2021

This gives brokers a more robust pre-approval that can compete with cash offers, and subsequently, shorten the processing and underwriting cycle times by almost half. The post Sierra Pacific’s Fast Track process gives brokers a more robust pre-approval, shortening cycle times appeared first on HousingWire.

Pre-approval 225

Pre-approval Technology Loans Industrial 225

RIS Media

SEPTEMBER 14, 2023

Before you buy a home, unless you have the cash to purchase outright, you’ll need to get pre-approved. Understanding how mortgage pre-approvals work is essential. This means finding a lender that offers the type of mortgage you want and then going through the pre-approval process.

Pre-approval 137

Pre-approval Mortgages Lending Industrial 137

RIS Media

SEPTEMBER 1, 2023

An essential part of the home-buying process is getting pre-approved for a mortgage. When your lender has checked your finances, they will issue a pre-approval letter. A common question among buyers is how long it takes to… The post How Do Mortgage Pre-approvals Work? appeared first on RISMedia.

Pre-approval 131

Pre-approval Mortgages Finance Industrial 131

Keeping Current Matters

APRIL 19, 2022

Being intentional and competitive are musts when buying a home this season.

Pre-approval 256

Pre-approval 256

Housing Wire

OCTOBER 1, 2020

Effective Thursday, homebuyers on Realtor.com who say they wish to be pre-approved for a mortgage will see an advertisement from Rocket Mortgage that will allow them to receive pre-approval in as little as 20 minutes. It’s being rolled out in hundreds of test markets.

Pre-approval 459

Pre-approval Mortgages Inspection Title 459

Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. If they have a working relationship, they can usually get those things done pretty quickly.”.

Pre-approval 468

Pre-approval Inspection Lending Staging 468

Housing Wire

SEPTEMBER 6, 2023

Department of Housing and Urban Development (HUD)-approved counselors can use fee for pre-purchase counseling and homeownership education services. The change was confirmed through a LinkedIn post by HUD Deputy Assistant Secretary for Housing Counseling David Berenbaum. “The

Pre-approval 446

Pre-approval Mortgages Banks Development 446

Housing Wire

APRIL 5, 2024

“Attractive homes are moving fast, so those looking to buy this spring should get their finances in order now, including getting pre-approved for a home loan. Headwinds like mortgage rates , low inventory and rising rents are still strong, but easing,” Zillow Senior Economist Orphe Divounguy, said in a statement.

Pre-approval 478

Pre-approval Marketing New Construction Construction 478

Housing Wire

NOVEMBER 20, 2023

In order to survive, buyer agents will need to show this value to buyers and be willing to have clients pay a set fee or a pre-negotiated percentage of the sale price to secure the business. Smart loan officers will offer to work directly with listing agents to vet offers and provide pre-approvals.

Pre-approval 480

Pre-approval Agents Loan Officer Seller concession 480

Housing Wire

JANUARY 20, 2021

Getting approved for a loan is only part of the battle. But the truth is, when lender’s pre-approve homebuyers, they don’t always take into account monthly payments. But the truth is, when lender’s pre-approve homebuyers, they don’t always take into account monthly payments. Make Sure You Can Afford The Mortgage.

Debt-to-income ratio 459

Debt-to-income ratio Pre-approval Mortgages Loans 459

Housing Wire

SEPTEMBER 2, 2022

has unveiled the latest version of its proprietary artificial-intelligence (AI) platform, called Morgan, which enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs). Loan originator and servicer Sun West Mortgage Co.

Earnest money deposit 95

Earnest money deposit Technology Loans Pre-approval 95

Housing Wire

OCTOBER 28, 2024

District Court in Kansas City — less than a month before the NAR settlement is slated for its final approval hearing — Monestier took issue with the business practice changes, saying they don’t do enough to protect consumers. In a document filed on Monday in U.S. Following the Aug. I disagree. Judge Stephen R. 26, 2024.

Pre-approval 468

Pre-approval Agents Industrial As-is 468

Housing Wire

AUGUST 24, 2022

Buyers can qualify for Tomo appraisal coverage by having an underwritten pre-approval from Tomo Mortgage before making the offer, a minimum of a 10% down payment, and are working with a Tomo partner agent who runs the property address through a verification process with Tomo before placing the offer. trillion purchase mortgage sector.

Pre-approval 397

Pre-approval Mortgages Closing Loans 397

Housing Wire

DECEMBER 22, 2020

Pre-approval. Adjustable-rate loans have interest rates that fluctuate after a certain amount of time. They’re best if you plan to move before the rate can adjust or if you’re willing to refinance not long down the line. This is sometimes called “prequalification,” depending on your mortgage lender.

Fixed-rate mortgage 448

Fixed-rate mortgage Pre-approval Mortgages Loan Officer 448

Housing Wire

MAY 24, 2024

If you’re considering buying a home but worry that student debt will prevent you from securing a mortgage, you’ll need to be strategic about your approach to increase the probability of your application getting approved. A higher credit score is generally associated with high reliability, improving your chances of a mortgage approval.

Debt-to-income ratio 466

Debt-to-income ratio Loans Pre-approval VA loan 466

Housing Wire

DECEMBER 13, 2024

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination.

Pre-approval 340

Pre-approval Investor Loans Technology 340

Housing Wire

NOVEMBER 14, 2023

“We will cover the costs of collecting and disseminating rent payment data for a 12-month period for multifamily property owners/operators of Fannie Mae-financed properties who leverage one of the three approved vendors to collect the data,” Fannie Mae said in a blog post.

Pre-approval 476

Pre-approval Loans Finance Mortgages 476

Housing Wire

OCTOBER 25, 2024

With just a few inputs, prospective home buyers can get an idea of how much they can afford, and their likelihood of getting pre-approved for a mortgage. Zillow Home Loans’s Buyability tool is a great way to kick off that conversation.

Pre-approval 476

Pre-approval Loans Mortgages Equity 476

Keeping Current Matters

AUGUST 31, 2020

Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. A recent survey shows that only 52% of active homebuyers obtained a pre-approval letter before they began their home search. Buyers who are pre-approved are definitely a step ahead when it’s time to make an offer.

Pre-approval 344

Pre-approval Sales Mortgages As-is 344

Housing Wire

JUNE 17, 2024

Department of Housing and Urban Development (HUD) announced Monday the availability of $10 million in new grants to be distributed to 23 HUD-approved counseling agencies nationwide, which will help the department boost homeownership rates within historically underserved communities.

Pre-approval 458

Pre-approval Finance Development Design 458

Housing Wire

SEPTEMBER 21, 2023

The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release. It’s now entirely possible for us to qualify buyers for their dream home by the time they leave the open house.

Pre-approval 435

Pre-approval Loans Finance Mortgages 435

Housing Wire

SEPTEMBER 16, 2024

The program will consist of Nationwide Mortgage Licensing System (NMLS)-approved seminars that will count toward the 20 credit hours required by the NMLS, the Secure and Fair Enforcement (SAFE) for Mortgage Licensing Act test, and in-person training at UWM that includes role-playing and mock phone calls.

Pre-approval 455

Pre-approval Loans Mortgages Technology 455

Housing Wire

OCTOBER 11, 2024

Lenders can embed Floify Verify directly into the loan application process to speed up loan approval. Lenders can also configure Floify Verify to be initiated by the loan teams later in the process, such as after a financial pre-screening, allowing them to better control the borrower’s experience and costs.

Pre-approval 435

Pre-approval Loans Lending Mortgages 435

Housing Wire

MARCH 30, 2021

By implementing a credit process, lenders have the ability to help borrowers get approved for a loan – even after they were previously declined. Once their scores has been improved, these applicants can become customers and then apply and hopefully get approved for a better loan. Or, give up looking altogether.

Pre-qualification 468

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 468

Housing Wire

JUNE 20, 2024

Mortgage Connect Risk Solutions is approved by each of the major credit-rating agencies. Its suite of services includes mortgage QC, due diligence and fulfillment; pre-funding and servicing QC; and new registrations and transfers to the Mortgage Electronic Registry System ( MERS ).

Due diligence 446

Due diligence Mortgages Pre-approval Lending 446

Housing Wire

NOVEMBER 13, 2024

The past two years have been tough, but even before 2021, Black homeownership was either falling or stagnant and remains far from its pre-2004 high of nearly 50%.” “The SHIBA report underscores that there has been little progress in increasing Black homeownership. This development has “significant implications for the housing market.”

Pre-approval 416

Pre-approval Mortgages Loans Finance 416

Housing Wire

JANUARY 31, 2023

Even if I write seven pre-approvals a day, when there is one house and there’s 20 people that want to buy the same house, we still can’t do a lot of deals,” Marquis said. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. But [production] levels are not pre-pandemic.

Loans 414

Loans Pre-approval Closing Marketing 414

Keeping Current Matters

DECEMBER 1, 2021

Pre-Approval: the Best Opening Play To Make as a Homebuyer. And the best move you can make when you begin your home search is getting pre-approved by a lender. You’ve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you? Bottom Line.

Pre-approval 290

Pre-approval Marketing Loan Officer Lending 290