Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Assurance Financial

APRIL 29, 2021

If your equity is $50,000, your home equity loan can be up to $42,500. You can use the funds from the loan for pretty much any purpose. Some people use the loan to cover the cost of a home improvement project, while others use the loan to help pay for their children’s college education.

Mortgage 74

Mortgage Insurance Home Value Loan Officers 74

PennyMac

APRIL 18, 2022

Buyer builds equity in the home. Property taxes and HOA fees are the buyer’s responsibility. Buyer has full control over home improvements and upgrades. Buyer has full control over home improvements and upgrades. Buyer incurs any maintenance and repair cost.

Landlords 36

Landlords Property Taxes HOA Insurance 36

Assurance Financial

JULY 27, 2021

You need to repay the mortgage according to the terms of the loan. Most mortgages require you to make monthly payments of principal, interest and other fees, such as private mortgage insurance (PMI). When you have a mortgage, the home acts as collateral. FHA loans can have terms of 15 or 30 years.

Mortgage 69

Mortgage Government Construction Insurance 69

AmeriMac

MARCH 29, 2024

The reverse mortgage process typically begins with a borrower contacting a loan officer who specializes in reverse mortgages. The loan officer will assess the homeowner’s eligibility and explain the details of the loan, including the potential loan amount and repayment terms.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

PennyMac

JANUARY 16, 2022

Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings. In 2018, homeowners reported an average of $7,560 or more on major home improvements , up 17% over the previous year. Factor 3: How Much Time Do You Really Have?

Investing 36

Investing Property Taxes Real Estate Renovations 36