Housing Wire

JUNE 15, 2022

Whenever people want to get a mortgage, they search for professionals who can streamline the process. That’s precisely when your mortgage broker business comes to the rescue. Ways to Grow Your Mortgage Broker Business. Here are three tips that you can check to start growing your mortgage broker business.

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Business Mortgage Clients Marketing 370

Premier Home Appraisal Blog

MAY 30, 2023

Are you tired of paying for private mortgage insurance (PMI) every month? This appraisal blog post will explore how our Virginia home appraisal services can get you started on financial freedom. It allows them to recover some of the money they lent out if the borrower cannot make their mortgage payments. monthly, for PMI.

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Appraisal Home Value Appraisal Process Insurance 98

Will Springer Realtor

MARCH 5, 2024

Let’s start with Mortgage Insurance Premiums. borrowers who carry a loan with a guarantee or mortgage insurance pay MIP, according to Forbes. borrowers who carry a loan with a guarantee or mortgage insurance pay MIP, according to Forbes. The biggest downside is that MIP only goes away when the FHA loan is paid off.

Finance 53

Finance HOA Insurance Real Estate 53

Will Springer Realtor

NOVEMBER 21, 2023

For those seeking an alternative route to homeownership, wraparound mortgages may just be the answer. A wraparound mortgage is a financing method that allows consumers to buy a property without securing a traditional mortgage. It starts with the current homeowners and their existing mortgage. Faster Homeownership.

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Mortgage Legal Sellers Buyers 65

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. Mortgage rates weren’t wildly different in ’09 compared to today. And we've become friends.

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Marketing Real Estate Appraisal Sellers 221

Will Springer Realtor

SEPTEMBER 5, 2023

Buyers looking to finance the purchase of a home amid higher interest rates and rising prices are looking closely at something known as a “mortgage buydown.” What exactly is a mortgage buydown? It’s a financial tool offered by some lenders that lowers the interest rate charged on the mortgage. of the purchase price.

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Mortgage Buyers Tools Sellers 62

Quicken Loans

SEPTEMBER 17, 2021

One obstacle some may have to deal with after the death of a loved one is a mortgage. So what happens if you inherit a house with a mortgage, and what do you do next? We’ve got a few tips and things to consider when managing an inherited mortgage. Can You Inherit A House That Still Has A Mortgage?

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Mortgage Legal Insurance Law 45

McKissock

SEPTEMBER 21, 2021

For appraisers working off the client’s template engagement agreement, Mr. Capilla will discuss areas to pay attention and ways to enhance protections. Blog post: 5 Appraisal Assignments that Raise Your Liability Risk. This blog post outlines five types of appraisal assignments with higher-than-average liability risk.

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Appraisal Legal Government Valuation 80

Movoto

APRIL 30, 2024

The most pressing matter in the process of selling and buying a house is the existing mortgage on your current home. Buying your next home will require taking out another mortgage, meaning you’ll have two payments until the former home sells. Pay the balance out of pocket. Mortgage Approval. Finding Your Team 3.

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Renovations Real Estate Realtors Buyers 41

Mashvisor

DECEMBER 2, 2021

When you pay off your loan and meet the terms of your mortgage agreement, the defeasance clause kicks in. It’s a little complicated when it comes to closing on a…

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Real Estate Mortgage Finance Investors 69

Appraisal Today

DECEMBER 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on time saving tips, Waivers, Non-lender appraisals, Tax savings, unusual homes, mortgage origination stats, etc. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page.

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Appraisal Business Contracts Technology 87

Quicken Loans

MAY 12, 2021

Affect how much you pay for insurance. And, in some cases, getting married can even affect your mortgage. In some cases, having only one spouse on the mortgage might be the best option. Can A Married Person Get A Mortgage Without Their Spouse? There are a couple of reasons why you might leave your spouse off the mortgage.

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Mortgage Law Business Legal 68

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Inspection Modernization Business 68

Quicken Loans

DECEMBER 5, 2021

Most mortgage lenders would love if borrowers put down 20% for a home as it lowers their risk when funding the loan. However, in today’s market, you won’t be required to pay that much. But you’ll probably have to pay for private mortgage insurance (PMI) instead, which is an extra cost on top of your monthly payment.

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Buyers Finance Mortgage Design 66

Raleigh Realty

FEBRUARY 19, 2022

During the home buying process, the appraiser's sole responsibility is to ensure the bank, and thereby you, are paying the cost of what the home is worth. While they're working specifically to ensure lenders are paying a reasonable price for your home, they're also making sure you don't overpay. Not a cent more.

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Appraisal Process Appraisal Construction Sellers 139

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. This purchase-and-sale price is nothing more than one sign of what one buyer is willing to pay and what one seller is willing to accept.

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Appraisal Contracts Real Estate Architecture 72

Quicken Loans

SEPTEMBER 8, 2021

If you’re thinking about refinancing your mortgage , it’s good to be prepared. What documents are needed for a mortgage refinance? Lenders want to confirm that you’re earning enough income to afford the mortgage. Your lender might ask for verification of debts or other expenses you’re currently paying. Debt Statements.

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Mortgage Insurance Investing Government 63

Quicken Loans

JUNE 23, 2021

With so much to think about when you’re applying for a mortgage, it’s hard to give even a second’s thought to how you actually make those monthly payments once you begin your repayment of the loan. Read on to get the information you need so that you never have to think about the mechanics of your mortgage payments again.

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Mortgage Property Taxes Insurance Technology 43

Quicken Loans

JUNE 9, 2021

For years, each time a client in New York State decided to refinance their home , they would pay a state mortgage recording tax on the entire new loan amount. But living in the Empire State shouldn’t have to mean paying a lot of taxes to refinance your empire. The Bottom Line: Is A CEMA Mortgage Right For You?

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Mortgage Clients Finance Real Estate 61

Birmingham Appraisal

FEBRUARY 20, 2024

The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house. I discussed this process in a previous blog post which you can read HERE. As always, thanks for reading.

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Agents Appraisal Real Estate Agent Bracketing 86

Simonson Real Estate

JUNE 10, 2020

Overall risk is higher for the bank in these circumstances due to economic factors which can lead to changing property values and potential risk of tenants or borrowers having revenue disruptions that impact their ability to pay their rent or their mortgage. This is why choosing the right appraisal firm really pays off.

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Real Estate Appraisal Clients Valuation 148

Quicken Loans

JUNE 17, 2021

Paying for a house with cash has definite perks. Did you know that paying cash rather than getting a mortgage could help you win a bidding war when buying a new home? You may even be able to negotiate a lower price on the home if you’re paying cash. Why Take On Debt When Your House Is Paid Off? Low Interest Rates.

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Finance Buyers Real Estate Investing 68

Quicken Loans

DECEMBER 20, 2021

If you’re a veteran, an active duty service member or a surviving spouse who qualifies for a VA loan, you may be eligible to refinance your primary mortgage without having to jump through hoops to pay off any subordinate financing you have on your house. How To Refinance A VA Loan And Keep A Second Mortgage.

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Mortgage Finance Clients Home Improvement 39

Housing Wire

APRIL 22, 2024

They even provide 25 Real Estate Handwritten Notes Samples on their blog, plus an AI Copy Writing Assistant to Check out Handwrytten You will also hear agents say you can send these to any neighborhood, regardless of whether you have an actual buyer. House-hacking is a great way to build wealth and pay down your mortgage.

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Real Estate Open Houses Brokerage Real Estate Agent 431

Quicken Loans

MAY 18, 2021

Not only do you have to worry about the mortgage, but you’ll also have to contend with taxes, upkeep, sharing ownership with other stakeholders and more. Before we worry about anything to do with inheritance, we need to determine if the mortgage had a cosigner. If you have the money, maybe the best option is to just pay off the house.

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Landlords Decorating Market Value Mortgage 55

Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page.

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Appraisal Contracts Legal Business 74

Lamacchia Realty

NOVEMBER 4, 2021

If you’re a first-time homebuyer, chances are, you either just paid off your student debt or are still working towards paying off your loans. It’s inevitable that your credit score will play a big role in mortgage loan approval for your home. Buying a house is a big financial investment. Credit Score.

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Real Estate Agent Realty Property Taxes Real Estate 71

Movoto

JANUARY 29, 2024

A good credit score opens doors to better mortgage rates , making it an important factor in the process of how to buy a house. Get Pre-Approved for a Mortgage Getting pre-approved for a mortgage loan is a must when you’re going through your steps to buy a house. Equally vital is determining your budget.

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Finance Inspection Real Estate Real Estate Agent 28

Will Springer Realtor

MAY 23, 2023

Most homeowners are enjoying low interest rates on their mortgages while lacking the motivation to sell when financing costs today are high. Welcome to our rate-lock world where neither party can move forward confidently without paying a heavy price. Why is this option rarely discussed?

Mortgage 36

Mortgage Sellers Buyers Government 36

Will Springer Realtor

MARCH 15, 2022

Homeowners in King County – or the lenders paying their mortgage – recently received notices in the mail about the assessed value of their property. A 1%-a-year tax hike is tolerable when some homeowners in other states find themselves paying far more as their assessed homes appreciate by double-digits in a year.

Property Taxes 62

Property Taxes Marketing Contracts Government 62

Will Springer Realtor

MAY 2, 2023

This person represents the best interests of the mortgage company. If the value determined by the appraiser is less than the agreed offer price, the financial institution will not approve the full amount of the mortgage. This and the appraisal contingency do not impact buyers who pay for a home with cash.) More on appraisals.)

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Contracts Buyers HOA Inspection 55

Birmingham Appraisal

OCTOBER 26, 2022

We all know that mortgage interest rates continue to move upward. This does not bode well with the real estate market because it affects the house payments that consumers pay. Interest rates were dropped shortly after the pandemic was announced, which sparked a frenzy of buyer activity because of the lower mortgage payments.

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Marketing Buyers Appraisal Real Estate 92

Birmingham Appraisal

APRIL 25, 2023

In this blog post, we’ll discuss the FHA requirements for handrails and porch railings for an FHA appraisal. The requirements that are necessary to qualify for this type of loan are set up to help buyers successfully buy a home and pay back the mortgage. appeared first on Birmingham Appraisal Blog.

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Appraisal Finance Inspection Buyers 64

Lamacchia Realty

OCTOBER 31, 2022

Amidst ceaseless mortgage rate hike and inflationary headlines , the mortgage industry is abuzz with talk of buydowns. Buydowns aren’t a new product, on the contrary they’ve been around for a long time, but they’re resurfacing now as a mechanism to combat the rising mortgage rates. less every month and year two, they pay $262.89

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Sellers Buyers Mortgage Real Estate Agent 64

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Other users might be sellers, mortgage underwriting, banks, and contractors.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Quicken Loans

DECEMBER 3, 2021

Additionally, VA loans don’t require private mortgage insurance (PMI). No, not all mortgage lenders offer VA loan benefits. Keeping a low debt-to-income ratio is a key factor that’s used when underwriters determine your qualifications for a mortgage. Rocket Mortgage ® only offers VA joint loans on VA Streamlines.

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Insurance Appraisal Mortgage Appraisal Process 62

Quicken Loans

SEPTEMBER 10, 2021

As in many areas of life, people often prefer certainty when it comes to their mortgage payment. For this reason, the idea of going with an adjustable-rate mortgage (ARM) is often dismissed out of hand. An adjustable-rate mortgage is a type of home loan with a mortgage rate that changes over time. What Is An ARM?

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Mortgage Finance Property Taxes Insurance 36