by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
Davis underscored the importance of adding non-QM to a broker’s strategy can help them become market experts that investors trust. “When you’re working with an investor, you have to have the right tools in order to be an investor that’s going to help you get to be a...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
3.5% down payment Federal Housing Administration loans (or FHA loans) require as little as 3.5% down payment, but your credit score must be at least 580. FHA loans require a 10% down payment if your credit score falls between 500 and 579. 10% down payment Jumbo loans...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
“The single-family construction slowdown is not just limited to regions of the country that experienced the fastest production growth over the past year,” said NAHB chairman Jerry Konter. “Home building activity has slowed in nearly all regions, and large and small...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
“Both consumer homebuying and home-selling sentiment are significantly lower than they were last year, which, in our view, is unsurprising considering mortgage rates have more than doubled, and home prices remain elevated,” said Doug Duncan, Fannie Mae chief...
by mdibrino@hqmloans.com | Dec 7, 2022 | Uncategorized
Although the 1968 Fairhousing Act banned the conduct – and banks deny that such a practice exists today – there have been numerous reports as well as anecdotal evidence suggesting the opposite is true. Saleh, who has previously examined underwriting...
