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Opinion: Do loan officers need more tech than they have now?

Housing Wire

I am about to say something in 2022 that no one in software design and process management would say. Do loan officers need more technology than they currently have? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now.

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The ‘double-edged sword’ of dual licensing

Housing Wire

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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Why “instant title” is a misnomer for mortgage lenders

Housing Wire

By this definition, instant title today would shorten turnaround time by about one day for a title commitment on a standard file. While reducing the time it takes to close a loan by a day is nice, shouldn’t we be trying to shave off a week or more instead? And there are other primary and secondary mortgages tied to the consumer.

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What LOs should post on Instagram

Housing Wire

With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. Parker is a HousingWire 2022 Mortgage Marketing Leader with a focus on business development and marketing.

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Can you buy a home with plans to rent on Airbnb?

Housing Wire

Considering the median mortgage payment sits around $1,100, that’s a pretty big chunk of change to be bringing in. The differences between FHA, VA, and USDA mortgages. If you plan to use the property as an investment (you’ll have to indicate so on your loan application), then you could face more stringent qualifying requirements.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Design a photo with the testimonial included, then use the caption to express gratitude for the review. Share design inspiration In addition to cool homes, people on social media really enjoy beautiful interior design. Client testimonials Sharing glowing sentiment from past clients can go a long way to securing future clients.

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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

In 2015, I designed the Market Machine, a technological tool used by appraisers and other valuation professionals. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators. Buzz : Why do AMCs need the training? Buzz : What are the USPAP considerations an AMC should always keep in mind?

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