Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. The interest rate on the loan has been lowered from 9.99% to 9.49%. The new states are Arizona, Nevada, Oregon and Utah.

Mortgage 349

Mortgage Loan Officers Lending Renovations 349

Housing Wire

JUNE 1, 2023

Founded in 1993 by Bill and Michael Giambrone, Platinum has 22 branches and 79 active loan officers, according to the mortgage tech platform Modex. Planet, which originates loans through the correspondent and retail channels, plans to grow organically and via mergers and acquisitions. The lender originated $6.5

Retail 416

Retail Mortgage Lending Renovations 416

Housing Wire

OCTOBER 15, 2020

OJO Labs announced its first foray into fintech on Thursday with its acquisition of Digs, a personal finance platform. With this acquisition, OJO Labs hopes to help homebuyers and homeowners navigate financial responsibilities like saving for a down payment, securing the right lender, building equity and saving for renovations.

Finance 174

Finance Renovations Loan Officers Agents 174

Housing Wire

FEBRUARY 15, 2023

In addition to roles as branch manager and regional manager at different lenders, Sheppard has climbed through the ranks as a loan officer at APM, and most recently served as APM’s EVP of national production. The lender also brought over 45 former retail branches from Finance of America Companies Inc.

Retail 303

Retail Renovations Lending Loan Officers 303

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 273

Real Estate Agent Real Estate Agents Loan Officers 273

Housing Wire

OCTOBER 23, 2024

By offering higher LTVs without charging mortgage insurance, UWM aims to attract more borrowers, including those who need to consolidate student and medical debt or renovate their homes, for example. Optimal Blue data for September showed that rate locks for cash-out refis rose by 6% month over month and 55% year over year.

Insurance 421

Insurance Mortgage Investors Renovations 421

Housing Wire

NOVEMBER 10, 2023

High interest rates and the lack of housing inventory make home renovations and remodeling an attractive alternative for homeowners looking to upgrade their spaces. Additionally, Spanish-language educational content about home equity is lacking on lenders’ websites, making this another key opportunity for improvement.

Lending 391

Lending Tools Inventory Renovations 391

Housing Wire

OCTOBER 20, 2023

Post decorating and renovation tips Since customization is commonplace among homeowners, posting decorating or renovation tips may be helpful to your audience. Take the time to educate your audience about common home renovations, and it can help or hurt them if they decide to sell their house in the future.

Real Estate 373

Real Estate Agents Real Estate Agent Decorating 373

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Yesterday, the lender sent me some sales that the loan office obtained from the builder, that were supposed to support a higher opinion of value. It is free to visit.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Birmingham Appraisal

DECEMBER 17, 2024

Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. List of Recent Improvements and Renovations Why It Matters: Upgrades like new flooring, HVAC systems, or kitchen remodels can significantly impact a propertys value.

Appraisal 74

Appraisal Easement Real Estate Agent Valuation 74

Assurance Financial

MARCH 18, 2021

No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. This will help you remember how much money you spent and when you performed the renovations. These improvements may also reduce your liability for capital gains tax.

Property Taxes 85

Property Taxes Renovations Home Improvement Mortgage 85

East Coast Appraisal

SEPTEMBER 12, 2022

Private mortgage insurance, or PMI, allows lenders to offer home loans to buyers without the traditional 20 percent down payment. This insurance covers the risk of financing a mortgage with less equity from the buyer. Additionally, if your loan is still relatively new, additional restrictions may apply.

Appraisal 52

Appraisal Renovations Insurance Home Value 52

Genworth MI Blog

FEBRUARY 29, 2024

This should include photos of any recent updates/renovations that were used as adjustments and applied to the sales where the sales comparison approach is presented as support for the opinion of value. And when analyzing the subject property, any photos used should support the appraiser’s description.

Appraisal 88

Appraisal Inspection Training Real Estate 88

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

PennyMac

DECEMBER 22, 2020

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Step 2: Find a Lender and Discuss REO Financing. Additionally, it's possible that the property has gone through non-permitted renovations.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Assurance Financial

DECEMBER 20, 2021

According to Freddie Mac, almost 90% of American homeowners finance their homes with a 30-year mortgage. The cost of renovations or improvements the seller made to the house. If you sell first, you can take your time considering sales strategies and making any renovations or repairs. Bridge Loan. Home Sale Contingency.

Mortgage 74

Mortgage Sellers Buyers Finance 74

PennyMac

SEPTEMBER 12, 2024

Loan Types and Terms You can opt for the reliable stability of a fixed rate or the potentially lower initial payments with an adjustable-rate mortgage (ARM). Conventional loan programs versus government-backed ones (FHA, VA) offer different benefits to weigh. Government-backed loans reserved for U.S.

Buyers 36

Buyers Finance Home Improvement Renovations 36

Cornerstone

AUGUST 17, 2021

These homeowners could potentially lower their monthly payment by hundreds of dollars or cash out on a substantial sum to be used for renovation, vacation, paying down debt, or starting a small business. Plus, your finance charges may be higher over the life of the loan. For example:**. Census Bureau/Construction Coverage, 2020.

Mortgage 46

Mortgage Renovations Loan Officers Home Value 46

Quicken Loans

JUNE 10, 2021

Loan officers will need any information you haven’t yet provided surrounding your debts, assets, credit and income. Once you’ve finished your application, your lender will provide you with a loan estimate. Doing so while trying to buy a house at the same time could put your financing in jeopardy.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

Assurance Financial

NOVEMBER 28, 2023

A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. About 96% of first-time homebuyers finance the purchase with a mortgage. How Does a Mortgage Loan Work?

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Appraisal Today

JANUARY 12, 2024

Acre lot Built in 2000 and recently renovated, the main estate and guesthouses offer a total of 7,455 square feet of living space. They have always been available, mostly for short-term financing and borrowers with poor credit or no credit history. acre luxury compound in Pebble Beach CA for $39,000,000 Excerpts: 7 bedrooms, 8.5+

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

PennyMac

AUGUST 10, 2022

For an FHA loan, the details are a little different. FHA loans don’t have the same standards of a conventional loan, rather, they require the following two kinds of mortgage insurance premiums: one paid in full upfront (or financed into the mortgage) and another paid as a monthly fee, regardless of how much equity you have.

Insurance 36

Insurance Buyers Mortgage Renovations 36

PennyMac

APRIL 18, 2022

While the majority of your home’s purchase price will be financed into the mortgage, you will still need a down payment. Cash-Out Refinancing is a popular way to get cash for just about anything—renovations, the purchase of a second home, or other long-term investments for your future. Mortgage Matters. Data from the U.S.

Landlords 36

Landlords Property Taxes HOA Insurance 36

PennyMac

SEPTEMBER 18, 2020

If your finances are tight, you might consider a cash-out refinance to obtain the funds for security upgrades. Contact a PennyMac Loan Officer to explore the refinancing options to fund security upgrades for your home.

Technology 36

Technology Tools Decorating Loan Officers 36

PennyMac

SEPTEMBER 9, 2020

State and local housing finance agencies use this money to fund homebuyer assistance programs, which may vary by state. Certain cities offer financial incentives to buy or renovate homes in certain locations, often as a part of a redevelopment program.

Insurance 36

Insurance Buyers Mortgage Human Resources 36

Assurance Financial

NOVEMBER 9, 2021

Before signing the final papers, there are many factors to consider and scenarios to prepare for to secure your home financing solution. In today’s market, you will likely have to take out at least one type of loan to help you pay for the house in a manageable way. Split-Premium Mortgage Insurance. Linked Sources: [link].

Insurance 41

Insurance Mortgage Home Value Finance 41

Housing Wire

APRIL 25, 2022

In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. In contrast, home appraisals are ordered up only when a house sells and is financed with a mortgage, or when an owner chooses to refinance.

Property Taxes 435

Property Taxes Government Appraisal Valuation 435

PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. So, you’ve finally found your dream vacation house. Buying a vacation home?

Investing 36

Investing Property Taxes Real Estate Renovations 36