by team | Aug 29, 2021 | Uncategorized
When you redesign your home, you want to design it in a way that feels timely and on-trend. But what does “timely” and “on-trend” look like in 2021? The 2021 Houzz Emerging Home Design Trends Report outlined some of the year’s most...
by team | Aug 28, 2021 | Uncategorized
Existing-home sales grew by 2.0% in July from the month prior, but first-time homebuyers are still getting squeezed by high prices and cash offers The post Fewer first-time homebuyers are competing these days appeared first on HousingWire. Read...
by internationaltitle | Feb 8, 2018 | TRID
The Closing Disclosure documents the actual terms of your loan transaction. You should receive it no later than 3 business days before consummation. It must be in writing – paper or digital. If the loan terms or costs change prior to consummation, your...
by internationaltitle | Feb 8, 2018 | TRID
Page 3 of your Loan Estimate includes measures to help you compare loans. “In X Years” shows the total amount you will have paid in that time, and the dollar amount applied to your loan principal. The ratio between total paid and principal reduced may change...
by internationaltitle | Feb 5, 2018 | VA Loans:
What Are VA Loans? As the video says, the name is misleading – they’re not loans FROM the VA. The VA – short for “US Department of Veterans Affairs” – is the Federal military veteran benefit system. The VA administers benefits and services for...
by internationaltitle | Feb 5, 2018 | VA Loans:
What Are The Major Types Of VA Loans? Major Veterans Affairs loan programs described in this video include: 1) Purchase Loans. These help eligible parties buy a home at competitive interest rates with little to no down payment and little or no private mortgage...
by internationaltitle | Feb 5, 2018 | VA Loans:
What Is A Certificate of Eligibility, or COE? The COE is the key document that verifies to lenders that someone is eligible for a VA-backed loan. Servicemembers, Veterans and National Guard and Reserve members may apply online or through their lender; most...
by internationaltitle | Feb 5, 2018 | New Homes
Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term ‘rate lock.’ A “Rate Lock” is a guarantee that a lender will honor a specific combination of...
by internationaltitle | Feb 5, 2018 | Mortgages:
As this video explains, Federal laws put into effect in 2014 and supervised by the Consumer Financial Protection Bureau define lending practices and loan terms for a new category called “Qualified Mortgages.” They provide stable loan features for...
by internationaltitle | Feb 5, 2018 | Mortgages:
What are the “Ability to repay” rules about? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity to pay back their loan over time. It’s a longer-term view that goes beyond immediate income, debt...
