Definition Design Insurance Loan Officers 
Housing Wire
JUNE 17, 2022
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.
Housing Wire
DECEMBER 18, 2020
You may also be able to use an FHA loan to buy your home, but there are caveats. Since FHA loans are designed for primary residences only, you’ll need to live in the home for at least a year before renting it out. You will also need to move into the home within 60 days of closing on your loan). The bottom line?
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Housing Wire
APRIL 16, 2024
The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. For example, Realfinity pays LOs 1.4%
Appraisal Today
MAY 10, 2024
The mortgage loan officer handling the loan? If it appears to a VA appraiser that the appraised value of a property is going to come in below the pending sales price, the appraiser must contact the designated point of contact (POC) party that is specified in the appraisal order. Was it the borrower? A Zillow Zestimate?
Assurance Financial
APRIL 29, 2021
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. Use the home loan glossary below to get familiar with terms and definitions that might be new to you.
PennyMac
JULY 25, 2022
What’s the difference between FHA and conventional loan options? Conventional Loan. Conventional loans by definition are loans that are not backed or insured by any government entity. In a conventional loan, you’ll be expected to pay at least 3% of the total loan as the down payment.
Appraisal Today
OCTOBER 21, 2022
Until we get past this period over the next few months it may be hard to say definitively what is exactly happening. Check with your E&O insurance company to see if they offer tail coverage and what the requirements are. Must be insured by the company for the past 5 consecutive years. So, what metrics are worth watching?
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