A conventional loan is one of the most popular mortgage types across the nation. 🏡 Scott Bridges, Senior Managing Director of Consumer Direct Lending at Pennymac, spoke with Buyside by The Wall Street Journal on why this loan type could be a good option for homebuyers in the current market. Read more by visiting the link: https://lnkd.in/gWmsAPcw #PENNYMAC #Home #Homebuyer
PENNYMAC’s Post
More Relevant Posts
-
As we embark on an exploration of the mortgage loan statistics for the month of July, we can see that the increase in the average interest rate from July 2022 to July 2023, with a rise from 0.14% prime plus to 0.25% prime plus, reflecting a notable change in the lending and borrowing landscape. Although we are in a time of economic uncertainty, the announcement of an unchanged prime interest rate offers a glimmer of hope for stability going forward. If you are interested in finding out more contact care@comcorp.co.za #mortgagesoftware #mortgagemeter #trends #property #homebuyers
To view or add a comment, sign in
-
If you are just starting out, you can have a family member or trusted friend add you as an authorized user on an already established account. Make sure the account has a low balance, no late payments, and a history of more than 2 years to be beneficial to your credit history and score when applying for a mortgage! Some loans require 2 credit lines with 2 year history, while others are less strict and will accept 3 credit lines with 12 months of history! #credittips #creditscore #mortgagetips #homebuyers #texasrealestate #texashomebuyers
To view or add a comment, sign in
-
-
Did you know that on average, homebuyers save more in mortgage fees with Chase compared to a non-bank? If you live in select Miami zip codes and already have an active purchase loan offer from somewhere else, we’ll take a look and compare the offer — if we can’t match it or do better, we’ll give you $1,000 if you qualify. Visit https://bit.ly/4asxvCf to learn more. 🏡 😍 #MiamiHomebuyers #Chase
To view or add a comment, sign in
-
-
When shopping for mortgage rates, compare quotes from multiple lenders, including banks, credit unions, and online options. Consider both the interest rate and fees for a complete cost picture. Lock in a good rate to protect against increases before closing. Choose a reliable lender to ensure a smooth process.🏡💫 #realestate #homebuyers #realtor
To view or add a comment, sign in
-
-
There are a few key things you’ll want to avoid after applying for a mortgage to make sure you’re in the best position when you get to the closing table. 🚫🏠 Don’t change bank accounts, apply for new credit, make any large purchases or transfers, and don’t co-sign loans for anyone. 📉💳 Here’s a good rule of thumb: Always connect with your loan officer before making any financial decisions once you’ve started the mortgage process. 🤝💼 #realestatetips #mortgageadvice #homebuyingjourney #closingtips #financialadvice #homebuyers #loanapproval #mortgageprocess
To view or add a comment, sign in
-
-
Financial discipline . . If you need a mortgage, I’m here to help, reach out today! Derek Sparrow dsparrow@innovativemortgage.ca 780-818-7347 . #credit #creditscore #creditcards #credittips #financialdiscipline #albertamortgagebroker #reddeermortgagebroker #mortgageadvice #mortgagetips #homebuyers #buyingahome
To view or add a comment, sign in
-
Attention homebuyers! 🚨 If you are in the middle of the lending process and eyeing a big purchase with a discount for opening a new credit card. Hold that thought! Taking on new debt could impact your mortgage approval. Yes, you heard it right! So, before making a move, talk to your lender. Let's ensure your pre-approval stays secure. Message me! #Mortgage #CookeandCastleMortgage #Homebuyers #CreditCard
To view or add a comment, sign in
-
REALTOR®, Brokered by eXp Realty LLC Lic# 751573, Certified High Performance Coach, Amazon Best Selling Author & Texas REALTORS® Instructor
Here are the right questions to ask when finding the right mortgage lender. 💰 Start by comparing interest rates and lending fees from multiple lenders to ensure you’re getting the best deal. 🤝 Ask about their loan processing times from clear to close. 🔑 Ask around or look at reviews about their customer service. 🤲 Comment the word “HOMEBUYER” to set up a free consultation today. 📞 #realestate #sanantonio #newbraunfels #homebuyers #realestateagent #realestateinvesting #realestatelife #luxuryrealestate #realestateinvestor #realestatetips #realestatebroker #realestategoals #realestateagents #realestateexperts #knockknockyitzchak
To view or add a comment, sign in
-
What’s a HECM (Home Equity Conversion Mortgage) and how does it work? Well, I’m here to answer those questions for you! It may not be what you think and isn’t just a “bail out” loan like the perception it once had. See below for some of the benefits:1. Increase cash flow by eliminating the required mortgage payment2. Get access to a Line of Credit that has guaranteed growth year over year3. Tax benefits4. Non-recourse loanPlease reach out if you’d like to have a conversation about this product.Financial advisors - this could be a great tool for your older clients as well so reach out to discuss and learn more. #HECM #homebuyertips #refinance #mortgage #lender #mortgagefinancing #HomeBuyers #homebuying #purchase #financialadvisor
To view or add a comment, sign in
-
-
Helia’s recent Spotlight pulse survey found that home buyers rely on mortgage brokers for support the most when determining their borrowing capacity, reviewing paperwork and recommending the right loan product for their needs. Read more: https://lnkd.in/g9xfW2XJ #helia #heliaspotlight #lmi #lendersmortgageinsurance #homeownership #mortgagebroker #homebuyers #firsthomebuyers
To view or add a comment, sign in
-
Project Administration | Product Owner | System Administration | “Data” Jack of All Trades - Master of Many | Data Ninja
1moNice Scott Bridges !!