Tag Archives: Lender

If Buyers Want to Save Money: Tell Them to Shop

Daily Real Estate News | Friday, April 28, 2017 Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments. Lenders can offer a wide dispersion … Continue reading

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Closing Timelines Get Even Shorter

Daily Real Estate News | Monday, April 24, 2017 The average time to close on all home loan types dropped to 43 days in March—the quickest pace since February 2015, according to Ellie Mae’s Origination Insight Report. A year ago, … Continue reading

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FHA Strong Enough for MIP Cut, Analysis Suggests

Daily Real Estate News | Friday, February 24, 2017 Is now a good time for FHA to reduce hurdles to homeownership with a lower mortgage insurance premium? NAR says yes, but the Trump administration and some members of Congress aren’t … Continue reading

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Survey: Despite TRID, Closing Hiccups Persist

Daily Real Estate News | Friday, February 17, 2017 More than half of lenders last year gave loan estimates to home buyers that later had to be revised before closing, according to a new survey released by ClosingCorp, a provider … Continue reading

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Lenders Aim for 21-Day Closing Window

Daily Real Estate News | Friday, January 13, 2017 In an era of bloated closing times, some lenders are looking to quicken the pace it takes to get a buyer to the settlement table. Some lenders are retooling operations and … Continue reading

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New Mortgage Rules Soften Loan Demand

Daily Real Estate News | Wednesday, October 14, 2015 The rate of mortgage applications has been volatile in recent weeks: The latest numbers show applications dipped 27.6 percent week-over-week on a seasonally adjusted basis for the week ending Oct. 9, the … Continue reading

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Reasons to Shop Around for a Mortgage

1.  Find the best interest rate possible  – Finding the best interest rate possible can either save or cost you a large dollar amount. 2.  Find loans with lower fees – Once you have applied for your loan and received … Continue reading

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