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BayFirst National Bank Shuts Down Residential Mortgage Business compareclosing.com
High mortgage rates, low transaction costs, and intense competition prompted BayFirst National Bank to close its mortgage business and lay off workers.
Is The Cost Of Living More Expensive In Suburbs Or Downtown? compareclosing.com
In many parts of the United States, the suburbs have become more expensive, in part due to the COVID-19 pandemic and the trend of increased telecommuting.
What Is A Mortgage Survey And Its Importance? compareclosing.com
The mortgage survey is a valid certification for the lenders that the property value is good enough to lend
The Top Guide To USDA And Its Working One Must Know compareclosing.com
The USDA is the federal executive agency that looks after agricultural policy, food safety, natural resource management, and economic growth
Fannie Mae HPSI Dropped By 0.8 Points In August compareclosing.com
The Fannie Mae Home Purchase Feeling Index® (HPSI) diminished from 0.8 focuses in August to 62.0, its 6th successive month-to-month decline, as high home
Ways To Get Rid Of Your PMI compareclosing.com
Private mortgage insurance (PMI for short) is usually required for homeowners with less than a 20% down payment to buy a home.
What Is No Doc Mortgage? – The Benefits And Disadvantages Of It compareclosing.com
If you are thinking of applying for a mortgage to buy a property, you have many loan programs available at your disposal.
TOP 3 BEST MORTGAGE LOANS TYPES FOR HOMEBUYERS compareclosing.com
Applying for a home loan can be difficult. Knowing the type of loan that best suits your needs can help you know what kind of home you can afford. Depending on the type of loan you choose, the interest rate, loan term, and loan amount will vary according to many requirements.
Rocket Pro TPO to Increase Conventional Loan Limits And Introduce New Home compareclosing.com
Rocket Pro TPO continues to adapt its strategy to changing market conditions. While some of the industry's major players are struggling to keep up and going
What Future Does The US Housing Market Hold? compareclosing.com
In times of uncertainty, like the current contraction in the housing market, people offer those who’ve tried past crises (e.g. the Great Depression of 2008) a sobering analysis of how more and more people are navigating the turbulent seas with their eyes on it. So they turn to Shashank Shekhar (pictured), who founded the company in 2008, during the worst year for financial markets. Today,…
What Is A Short Sale In Real Estate & Whom Does It Benefit? compareclosing.com
A short sale takes place when a property owner has serious financial challenges and sells his or her home for less than the mortgage amount
What Is A Loan Lock? – The Benefits And Drawbacks One Must Know compareclosing.com
A loan lock is a tool that allows borrowers to “lock” an interest rate for a mortgage for a set period usually 15 to 60 days
LoanDepot To Reduce Its Capacity For Future Mortgage Funding compareclosing.com
Just ten days after announcing he would close his mortgage business, Londipo told government regulators he planned to cut his investment. In a filing with the Securities and Exchange Commission (SEC) dated Aug. 19, the nation’s second-largest mortgage seller said it made the decision “based on current and lending plans.”
Top 3 Myths About Using AVMs For Acquiring Home Equity Loans compareclosing.com
If you are a landlord planning to lease your rental property, you may have multiple options to lease your property. Most rental lease agreements are for twelve or eighteen months, however, 6 months and 2 years lease agreements are also used by many landlords.
What Is A Month To Month Lease? – Benefits And Drawbacks compareclosing.com
A month to month lease is a periodic tenancy created when the renter is allowed possession of the property without any expiration date