by mdibrino@hqmloans.com | Mar 27, 2023 | Uncategorized
The report also shows a decline in the enterprises’ serious delinquency rate, down to 0.65% at the end of Q4. That’s compared to a 4.40% delinquency rate for Federal Housing Administration (FHA) loans, 2.43% for Veterans Affairs (VA) loans, and 1.89% for...
by mdibrino@hqmloans.com | Mar 27, 2023 | Uncategorized
Seth Hooper, executive vice president of product management at Mortgage Cadence, expressed excitement over the company’s growth opportunities beyond traditional loan products with Morales’ experience. “We want to help grow reverse from being a...
by mdibrino@hqmloans.com | Mar 27, 2023 | Uncategorized
OriginPoint has announced the nationwide launch of Same Day Mortgage, a loan program that aims to help first-time homebuyers compete with all-cash buyers. Promising a loan approval in less than 24 hours, OriginPoint said the program is set to level the playing field...
by mdibrino@hqmloans.com | Mar 24, 2023 | Uncategorized
FHA loans Unlike conventional loans, Federal Housing Administration (FHA) loans are loans backed by the federal government. FHA loans are geared toward first-time home buyers who don’t qualify for conventional conforming loans. If your credit score isn’t up to...
by mdibrino@hqmloans.com | Mar 24, 2023 | Uncategorized
What were the effects of the banking crisis? As such, she cautions against focusing solely on blaring headlines detailing isolated bank failures: “Whenever these articles are written, I think this should be stressed because the Manhattan market isn’t the same as the...
