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This underwriting solution improved lending satisfaction from the inside out

Housing Wire

Prior to integrating FactCheck, the lender used an Excel spreadsheet that the underwriter and or loan officer would have to key information into. This method also consumed valuable time for both underwriters and loan officers, and consequently, impacted the overall turn time of the loan. . “We

Lending 336
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How LOs, mortgage execs are preparing for 2024

Housing Wire

You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.” Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support.

Mortgage 442
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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

Download the infographic here. Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. Spring is a favorable season for move-up buyers. This includes getting prequalified for a mortgage early so a buyer is prepared to act before they start hunting.

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How Important Is Credit Score for Home Loans?

Assurance Financial

Buying a home is a major commitment, both on the part of the buyer and the lender. As a buyer, you agree to take care of your new home and repay your mortgage based on the terms of the loan. Lenders use several factors when deciding whether or not to lend money to an individual or group of people. Downloadable Guides.

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Mortgage Term Glossary

Assurance Financial

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. If the buyer backs out of the sale, the seller gets to keep the earnest money.

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Can You Pay Off Your Mortgage Early?

Assurance Financial

Be sure to also check whether your loan has a prepayment penalty before using this strategy! Refinance to a Shorter Loan. Downloadable Guides. Click here to download the file. Click here to download the file. But we don’t want you to settle for a loan officer who’s in it for the commission.

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Here’s your housing forecast for 2021 [INFOGRAPHIC]

Cornerstone

Download the infographic here. Mortgage rates are expected to stay low, and increased buyer demand is anticipated to spur more home sales and keep driving up housing prices. With such a competitive market, it’s smart to reach out to a local loan officer, prequalify early, and prepare to buy. Reading Time: 2 minutes.