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How LOs, mortgage execs are preparing for 2024

Housing Wire

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. If they want to know what’s going on with rates, their loan, AI can give them an answer.

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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

Download the infographic here. It’s an ideal time for sellers to take advantage. Sellers who may have been reluctant to list in the past few years are now considering it. Increasing prices also indicate increasing home values, allowing a seller to tap into thousands of dollars in equity gains. Reading Time: 3 minutes.

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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. If the buyer backs out of the sale, the seller gets to keep the earnest money.

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How to Get a Mortgage Loan

Assurance Financial

It’s a conventional mortgage that’s above the lending limits set by FreddieMac and FannieMae. If you’re looking to buy a large, expensive home, you might need a jumbo loan to do it. Often, you’ll need to have excellent credit and a hefty down payment to qualify for a jumbo loan. Downloadable Guides.

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How to Find the Right Mortgage Loan for You

Assurance Financial

You need to buy a home that costs more than the conforming loan limit. Downloadable Guides. Click here to download the file. Click here to download the file. Government-sponsored mortgage programs aim to help people who might have difficulty qualifying for conventional loans purchase a home. contact-form-7].