Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla.

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Assurance Financial

APRIL 29, 2021

If your equity is $50,000, your home equity loan can be up to $42,500. You can use the funds from the loan for pretty much any purpose. Some people use the loan to cover the cost of a home improvement project, while others use the loan to help pay for their children’s college education.

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Mortgage Insurance Home Value Loan Officers 74

PennyMac

APRIL 29, 2022

As a result, you continue to pay your lender a regular monthly amount with the understanding that you will be covering both the principal cost of the loan and the interest the lender charges for their services. Throw in additional costs such as property insurance and taxes, and that monthly payment can get pretty steep.

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Insurance Mortgage Finance Loan Officers 36

PennyMac

APRIL 18, 2022

Buyer has full control over home improvements and upgrades. Homes frequently increase in value over the life of a mortgage. Rental insurance is inexpensive. May be required to allow landlord access to home for inspections. Renters insurance is far cheaper than homeowners insurance.

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PennyMac

SEPTEMBER 18, 2020

Plus, adding monitored safety and security devices can often help homeowners dramatically lower their home insurance premiums. As a final security and technology tip, don't post your vacation plans on social media: You don't want the world to know your home will be left unwatched.

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Assurance Financial

MARCH 18, 2021

Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. If you have equity in your home, you may be able to leverage it through a refinance. Make a Capital Home Improvement.

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Property Taxes Renovations Home Improvement Mortgage 85

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.

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