Purchasing a home is a dream for many Americans. However, only a small portion of people have enough cash on hand to buy a home outright. Luckily, aspiring homeowners can take out mortgages to make their American dream come true. If you’re interested in applying for a mortgage and purchasing a home, you may be wondering what the credit score … Read More
This is a crowdsourced article. Contributors are not necessarily affiliated with this website and their statements do not necessarily reflect the opinion of this website, other people, businesses, or other contributors. With mortgage fraud on the rise, it’s more important than ever before for mortgage companies, independent mortgage bankers, credit unions, and all lenders to prevent fraud at the … Read More
Right now, the mortgage market is going through a shift. Refinance requests are being eclipsed by mortgage applications for new home purchases. On top of that, housing inventory is at an all-time low.1 In this evolving housing market, mortgage lenders must update their strategies to stay competitive. One effective strategy is leveraging prequalification as a marketing tool. Prequalification has many … Read More
With available housing inventory at historically low levels and mortgage rate increases looming on the horizon, competition for housing is fierce in many markets across the United States. Wanting to buy their dream home before they get priced out of the market, many individuals and families are choosing now to shop for a new home. This seller’s market creates a … Read More
With available housing inventory at historically low levels and mortgage rate increases looming on the horizon, competition for housing is fierce in many markets across the United States. Wanting to buy their dream home before they get priced out of the market, many individuals and families are choosing now to shop for a new home. This seller’s market creates a … Read More
In recent years, technology has transformed nearly every aspect of the mortgage industry. Tech-savvy mortgage solutions have allowed many lenders to enhance their operational efficiencies and seamlessly scale up their businesses. In contrast, lenders that haven’t adopted these tools are at risk of falling behind, due to disjointed, inefficient workflows and lagging origination times. If you want to succeed as … Read More
