Remove Design Remove Download Remove Loan Officers Remove Mortgage
article thumbnail

How ChatGPT can help you work more efficiently and generate more leads

Housing Wire

Artificial intelligence refers to computer systems designed to perform tasks that usually require human intelligence, such as recognizing speech, identifying patterns or making decisions. No downloading of software or an app is required. AI can be used to provide a more personalized experience for mortgage customers.

article thumbnail

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. Adjustable-Rate Mortgage (ARM). Amortization. Assessed Value.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Happens to My Mortgage If I Move?

Assurance Financial

There are many factors to consider when selling a home, and you may be wondering what happens to your mortgage when you move. After all, the 2018 American Community Survey found that the median length of time homeowners stayed in their homes was 13 years, a shorter length of time than most mortgage terms.

article thumbnail

Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

In this post, we will review the three primary home equity services lenders can offer customers to access their equity, and how lenders can quickly and efficiently identify customers that would benefit from and be eligible for home equity loans using AVMs. What can customers do with home equity loans? What is home equity lending?

Lending 36
article thumbnail

Ways to Save for a Down Payment

Assurance Financial

Fortunately, not every mortgage loan requires a sizeable down payment. Discuss your situation with mortgage lenders who can let you know how much of a loan you may be eligible for. Your total housing expenses may include: Your mortgage principal and interest. Private mortgage insurance, if applicable.

article thumbnail

How to Get a Mortgage Loan

Assurance Financial

How to Get a Mortgage Loan. If you’re going to finance your home purchase, one of the first things to do is figure out how to get a mortgage. You might have heard that getting a mortgage is a long and complicated process, with plenty of twists and turns along the way. 10 Steps to Get a Mortgage Loan.

article thumbnail

How to Find the Right Mortgage Loan for You

Assurance Financial

Mortgage Loan for You. When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. You have lots of options when choosing a mortgage. What Is a Mortgage?