Remove Contracts Remove Insurance Remove Loan Officers Remove Presentation
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5 ways to provide overwhelming value to buyer clients

Housing Wire

Present to your buyer clients just like you would in a listing presentation. Loop your buyer’s lender into the mix and have coffee with your buyer clients and the loan officer to discuss loan options that meet their goals. Be one step ahead of the process once they’re under contract.

Clients 394
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Choosing the Right Lender

PennyMac

When you work with a lender that provides this, you’re doing much of the legwork involved in obtaining a mortgage contract without actually finalizing it. Down Payment and Mortgage Insurance Most, but not all, home loans will require a down payment.

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10 Things Most Homebuyers Get Wrong About Getting a Mortgage Today

Realtor

” However, keep in mind that you will have to pay private mortgage insurance if you put less than 20% down, which increases your monthly payments. Assuming you can get a loan instantly Many borrowers assume that in today’s instant-gratification culture, they can get a mortgage in days or even minutes. ” 8. .

Mortgage 190
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Mortgage stocks are in free fall. So what’s next?

Housing Wire

Analysts at Cider Knoll Holdings , an equity research firm specializing in nonbank mortgage originators, project earnings per share for 10 nonbank mortgage companies to contract 30% in the fourth quarter, compared to the previous quarter. The pessimism about nonbank mortgage lenders reflects market conditions.

Mortgage 377
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The growing threat of phishing attacks on the mortgage industry

Housing Wire

Loan officers and mortgage executives alike continue to click on links in seemingly routine emails, ultimately giving bad actors complete access to lenders’ systems and mortgage transactions. a national title insurance underwriting company, said that a lot of the time the weak link in a phishing scheme is the real estate agent.

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Lone Wolf Technologies CEO on the evolution of real estate tech

Housing Wire

There are a lot of agents today that still prefer having their customers sign contracts manually, with physical signature. We have tools where AI is very useful, like our lead generation products and lead nurturing where you detect buying signals and filter through a lot of noise, and then present that to agents. But it’s weird.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Depending on the lender, you may need to submit special contract forms or paperwork. Banks are also more likely to present a counter offer because they must demonstrate they tried to get the best possible price for the property. It is also common to attach an earnest money deposit check to your offer. Step 10: Closing.