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The obstacles to a digital mortgage are changing – Here’s what lenders need to know

Housing Wire

banking, shopping, transportation). In addition to the momentum and the economics, digital lending just makes sense. Still, with purchases just as with refinances it’s the lender who drives eSignature of its documents, chief among them being the promissory note.

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. Non-lending appraisal courses. Who staffs these types of jobs?

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc. Public transport locations. Interior Care.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. What is a Home Appraisal and Why is it Important?

Appraisal 105
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The surprising future of mortgage technology

Housing Wire

Lending technology out of focus. However, the back-office efficiencies that were supposed to result from collecting all of the borrower’s financial information into the loan origination system (LOS) electronically – a revolutionary result of the application of big data principles to the mortgage lending lifecycle – never materialized.

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10 Simple Steps to Purchase a Home in 2020

PennyMac

The Location: How close is the home to your job, schools, shopping, public transportation, and other important places you will need to visit frequently? This ensures that you are not paying too much, and that your lender is not lending you more than a home is actually worth. Are they updated and well maintained?