Housing Wire

JANUARY 17, 2024

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. The bottom line The reverse mortgage (HECM) for purchase program was designed to help older Americans buy a more suitable home in retirement, while still conserving cash and assets for future expenses.

Finance 420

Finance Real Estate Agent Real Estate Insurance 420

Clear Capital

APRIL 1, 2024

If a borrower owns a home valued at $500,000 and they owe $250,000 on their mortgage, they can refinance with a $300,000 mortgage and take the $50,000 difference in cash. What can customers do with home equity loans? Determine tappable home equity for your existing customers.

Lending 36

Lending Valuation Home Value Design 36

PennyMac

SEPTEMBER 2, 2020

When you are first shopping for a home, you may know that you want a garage, but you may not have considered all of the variables that go into the garage design, and which choice is right for you. Garage Design: Why it Matters. Here are several major garage design aspects to keep in mind as you house hunt.

Design 36

Design Buyers HOA Investing 36

PennyMac

JULY 21, 2021

Slater, president of Danver Stainless Outdoor Kitchens and Brown Jordan Outdoor Kitchens , is an industry leader in the design and manufacturing of stainless steel outdoor kitchen cabinetry. Eighty-four percent of real estate agents agreed, noting homes with trees are as much as 20 percent more salable. Mitchell J.

Renovations 36

Renovations Real Estate Investing Design 36

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

The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. 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. Plus, it can be a great investment.

Investing 36

Investing Property Taxes Real Estate Renovations 36

Assurance Financial

NOVEMBER 9, 2021

For example, on a conventional mortgage issued by a bank, you may have a higher PMI than you would on a Federal Housing Administration (FHA) loan. This is because FHA loans are designed to accommodate first-time homebuyers and people with low-to-moderate income levels. Does PMI Go Away if Home Value Increases?

Insurance 41

Insurance Mortgage Home Value Finance 41