Housing Wire

MAY 24, 2024

Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans.

Mortgage 446

Mortgage Renovations Loan Officers Retail 446

Housing Wire

JULY 3, 2023

The lender brought on 100 loan officers in June, bringing the total number of LOs to about 800. We’ll reach out to those loan officers in markets where we have existing retail branch locations. Instead, tapping high-volume loan officers in targeted locations has worked for PrimeLending. “We

Loan Officers 370

Loan Officers Marketing Retail Renovations 370

Housing Wire

FEBRUARY 10, 2022

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. There are rules in every facet of the mortgage business that loan officers and lenders must follow. LOs often lose focus during CE classes, he told HousingWire. “It

Loan Officers 397

Loan Officers Law Training Lending 397

Housing Wire

FEBRUARY 20, 2024

The changing role of the LO One of the strongest indicators of this transformation is the changing role of the loan officer (LO). The end result is an enhanced customer experience which brings loan officer availability and effectiveness to a new level. The lender’s role in succeeding by helping its LOs succeed.

Loan Officers 435

Loan Officers Technology Lending Tools 435

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “Brokers need now to control things they can control, like their costs, and give the consumer options.”

Mortgage 493

Mortgage Real Estate Agent Renovations Finance 493

Housing Wire

NOVEMBER 1, 2022

As mortgage rates hit 7% and above, loan officers are seeing new borrowers increasingly interested in options that can help reduce their initial mortgage payments. Temporary rate buydowns are not new, but many loan officers may not be familiar with the option. So what is a 2/1 rate buydown?

Loan Officers 468

Loan Officers Sellers Clients Buyers 468

Housing Wire

JANUARY 31, 2023

. “I didn’t want to just jump for money,” Miller said, noting that some lenders with lower rates have complexities of putting together a loan — and transferring over existing clients’ loans is a different process for every company. Loan officers who were part of those branches were brought over, he said.

Mortgage 418

Mortgage Loan Officers Retail Finance 418

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. That’s going to be a new market for me Lonnie Glessner, loan officer at Draper and Kramer Mortgage Corp.

Mortgage 397

Mortgage Loan Officers Inventory Retail 397

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.

Retail 418

Retail Mortgage Lending Renovations 418

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 366

Real Estate Agent Real Estate Agents Loan Officers 366

Housing Wire

MARCH 13, 2023

Established in 1987, Cherry Creek offers a wide range of mortgage products including conventional, FHA, VA USDA, USDA, reverse mortgages and home renovation loans. Cherry Creek has 299 mortgage loan officers, according to the Nationwide Multistate Licensing System & Registry (NMLS). Cherry Creek originated $4.07

Mortgage 370

Mortgage Retail Renovations Loan Officers 370

Housing Wire

DECEMBER 30, 2022

Temporary rate buydowns that lower mortgage rates during the initial period will be products LOs will be pushing for, as well as diversification of mortgage products that include renovation products or construction loans. Instead, they’ll be seeking to renovate their homes.”.

Renovations 435

Renovations Realtors Construction Mortgage 435

Housing Wire

MAY 3, 2022

” Prospective borrowers can talk to a licensed loan officer if they prefer during the approval process, however. In a traditional home equity product, the lender disburses a lump sum upfront to the borrower, who then pays the loan back in fixed-rate installments.

Renovations 418

Renovations Loan Officers Technology Mortgage 418

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. While APM saw production drop by about 42% in 2022 to $13.8

Retail 370

Retail Renovations Lending Loan Officers 370

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said. Annapolis, Maryland.

Housing Market 418

Housing Market Marketing Buyers Agents 418

Housing Wire

JUNE 14, 2024

Bank statement HELOCs offer borrowers the flexibility to fund the endeavors that matter most to them, such as business ventures, home renovations, and other expenses. Furthermore, elevated interest rates have made it more difficult for borrowers to obtain personal loans.

Clients 448

Clients Business Renovations Training 448

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. After dropping from $1.2

Business 435

Business Loan Officers Clients Inventory 435

Housing Wire

OCTOBER 15, 2020

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. It also enables OJO Labs to continue to add value for agents and loan officers by equipping them to better engage with consumers.

Finance 244

Finance Renovations Loan Officers Agents 244

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 435

Real Estate Agents Real Estate Agent Decorating 435

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 474

Lending Tools Inventory Renovations 474

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 76

Appraisal Easement Real Estate Agent Valuation 76

Housing Wire

JULY 29, 2024

Tool to drive new capital to the multifamily space Multifamily investing This tool would simplify multifamily investing to attract new players and/or make it easier for existing investors to acquire or renovate properties. For example, it could detect that a loan officer didn’t offer a VA loan to a qualified borrower so it would prompt that.

Tools 360

Tools Training Tenants Property Management 360

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 368

Housing Market Marketing Reconsideration of Value Appraisal 368

Cornerstone

MAY 4, 2021

Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance. Love your loan as much as you love your new house.

Renovations 43

Renovations Home Improvement Loan Officers Real Estate Agent 43

PennyMac

JULY 21, 2021

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

Renovations 36

Renovations Real Estate Investing Design 36

Cleveland Appraisal Blog

DECEMBER 31, 2021

Even if you have no plans to do serious home renovations, there should be a few essential projects on your to-do list. Whether you’re an appraiser, a real estate agent, a loan officer, an underwriter, a home inspector, a title agent, or anyone else in the real estate profession, it’s been a very crazy year!

Real Estate 195

Real Estate Appraisal Real Estate Agent Buyers 195

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

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

East Coast Appraisal

SEPTEMBER 12, 2022

Additionally, if your loan is still relatively new, additional restrictions may apply. You may need to hit an even lower loan-to-value ratio for several years after signing. Before proceeding, check your loan terms or speak to your loan officer to learn the details of the agreement. When You Finish Renovations.

Appraisal 52

Appraisal Renovations Insurance Home Value 52

Cornerstone

JUNE 8, 2021

Homeowners aren’t sure if they’ll need to renovate to receive a competitive offer. Since inventory is so tight, many more homebuyers are opting to take on renovation projects themselves so they can nab the home they have their eye on. . ” – Click here to find a Cornerstone loan officer near you.

Marketing 49

Marketing Sellers Renovations Loan Officers 49

Cornerstone

JULY 1, 2021

Click here to find a knowledgeable local loan officer who can help you sell fast. You, as the seller, have the unique chance to be more selective — about both the buyer you pick and whether you’d like to honor requests for contingencies, renovations, closing times, and more. Got questions? We’ve got answers.

Sellers 64

Sellers Buyers Real Estate Agent Inventory 64

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

Raleigh Realty

APRIL 24, 2022

Looking Into Financial Options for Veterans Your informed team will also include loan officers. These are the people employed by loaning institutions — like banks, credit unions, and VA offices — who exist to facilitate the approval of loan applications. For example, the U.S.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Government 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. Additionally, it's possible that the property has gone through non-permitted renovations. Step 6: Make an Offer.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Assurance Financial

DECEMBER 20, 2021

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. With a variety of loan types and competitive rates, we provide mortgage solutions for homebuyers at any stage of life. Mortgage principal payments.

Mortgage 74

Mortgage Sellers Buyers Finance 74

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. Any of the homeowners above could see significant savings simply by refinancing at the current rate. For example:**.

Mortgage 46

Mortgage Renovations Loan Officers Home Value 46