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Finaya Unifies Home Buying and Selling, Mortgage, Insurance, Title and Closing Services

Appraisal Buzz

Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services supported by a marketplace of on-demand realtors, loan brokers, lenders and service providers.

Insurance 195
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Rocket Mortgage plans to hire 500 remote LOs by the end of 2023

Housing Wire

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

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How InstaMortgage convinced top broker shop to jump to retail

Housing Wire

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. Terms of the deal, which was announced on Tuesday, were not disclosed.

Retail 363
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Agent commission lawsuits cast long shadow over VA, FHA borrowers

Housing Wire

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance.

Agents 443
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Choosing the Right Lender

PennyMac

There’s a lot to consider when it comes to choosing the right one — everything from interest rates, loan types and fees to service and experience. Purchasing a home is a big step, and you want a knowledgeable lending partner by your side as you weigh your financing options and navigate the paperwork involved.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender. Although many listing agents do not want to work with VA loans, lenders, on the other hand, love them. From a lending perspective they are the easiest loan to work with,” Naumovych explained.

Clients 383
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Will a Part-Time Real Estate Agent Salary Be Enough for You?

McKissock

You should align with a broker for the office essentials and should operate like a full-time professional with clear expectations about your earning potential, said Valorie Easter , a Realtor in Charlottesville, Virginia. It may take years to earn any money, says retired Realtor Lee Dworshak.