After mortgage lenders shut down, whatâs next for loan originators?
When looking for new lenders, the mortgage product mix, compensation, speed and cultural fit are all factors to consider, LOs say.
When looking for new lenders, the mortgage product mix, compensation, speed and cultural fit are all factors to consider, LOs say.
If you want a more personal home loan experience, take a look at AnnieMac Home Mortgage. The New Jersey-based lender believes the complex mortgage process needs human interaction. Or better yet, deserves it. This defies the en vogue tech-heavy disruptor model, which is built on the premise that humans are no longer required. So if… Read More »AnnieMac Mortgage Review: A New Jersey Mortgage Lender Big on Human Touch
The post AnnieMac Mortgage Review: A New Jersey Mortgage Lender Big on Human Touch appeared first on The Truth About Mortgage.
What year is it? 2006? The nationâs largest wholesale mortgage lender, United Wholesale Mortgage, has just announced the availability of bank statement loans. Does this mean weâre headed down a familiar road of credit loosening, and a subsequent housing crash? At first glance, itâs reminiscent of the easy lending days seen in the early 2000s,… Read More »Nationâs Largest Wholesale Lender Now Offering Bank Statement Loans
The post Nationâs Largest Wholesale Lender Now Offering Bank Statement Loans appeared first on The Truth About Mortgage.
Between Q3 and Q4, the US economy went through the biggest single drop in real GDP in history, followed by the biggest single rise in real GDP in history. Amid the chaos and confusion of those months, the sheer scale of that economic earthquake has sometimes been lost. While estimates vary, that initial drop equated … [Read more…]
Just about any lender can do self-employed mortgages. But there are additional requirements for self-employed borrowers. Here’s what you should know.
Bank statement loans can help self-employed mortgage borrowers qualify for a bigger home loan. Here’s how to find a safe, low-rate bank statement loan.