Results for Purchase Loans

Purchase loans continued to increase as a percentage of loan originations in April. Ellie Mae's Origination Insight Report for the month put the purchase share of all closed loans at 52 percent , a 6 percentage point jump from March and the first time in 2015...

RANLife has the most flexible home purchase options when it comes to getting a home loan. We are a direct lender with Fannie Mae, Freddie Mac, Ginnie Mae, USDA, FHA, and VA.

We’re discussing the various impacts of CECL on loan pool purchases and how those loans fit into a CECL model. We’ll explore how your credit union can determine credit deterioration when purchasing a pool, the effects of loan pool conversions to CECL models, and more. Key Takeaways: [02:46] Under CECL all your loans are treated […]

First-time buyer volume surged 15 percent in May and the first-time buyer share of home purchase loans continued to climb as well,

Dear friends and family
We hope this email finds you and your family safe and well. One of my peers penned this letter, and it is so good... here we go !
You may have heard news surrounding coronavirus mortgage relief options under the CARES Act.
This email will provide you with some information to help you understand how the forbearance works.
One of the common questions asked is: do I qualify and can I apply for the forbearance?
This will be discussed…

When you are purchasing a home, your lender may recommend you obtain a mortgage pre-approval before you find the home of your dreams. There are some benefits to being pre-approved before you find a home, but oftentimes, people confuse pre-qualifications with pre-approvals
So the question many buyers have is what exactly is a mortgage pre-approval? In a nutshell, it’s when the lender provides you (the buyer)…

A HECM for Purchase loan (also known as “H4P”) can provide the financing you need for the home you really want. The H4P is a Federal housing Administration (...

There are many benefits of purchasing life insurance at age 23.

Millions of Americans look to mortgage loans to help them buy homes, but the number of applications — and the percentage actually getting approved and funded — varies by where you live. To determine the states with the most mortgage purchase, not refinancing, loan applications and approvals, NerdWallet analyzed 2015 data from the Home Mortgage Disclosure Act...Read More

Purchasing a fixer-upper is attractive to many buyers. Purchasing and renovating a fixer-upper isn't easy though. Find out the best tips here!

Point of purchase materials and signs can make a significant impact in sale but not if they are old, boring or out of date. FASTSIGNS shows you how to get it right.

New York Commercial Mortgage Broker, Great Northern Mortgage arranges hotel construction loans, real estate loans, SBA hotel loans etc.

Westminster decides national security is reason enough for looking into the ownership of UK-housed chip designer shifting from Japan to the United States.

Here’s how to resist temptation and ultimately keep more money in your pocket.

More people are retiring with student loan debt, and the government is taking away part of their Social Security checks to pay it off.

Find out the pros and cons of the types of loans you can get when financing your new business.

A growing number of students at Massachusetts community colleges are borrowing money to pay for school, and in recent years an increasing percentage have defaulted on their loans, a Globe review has found.

One of the online-lending industry’s most prominent attempts to prove it can regulate itself launched Monday as three of the largest providers of small-business loans unveil a standardized way to exhibit the costs of their credits.

Some Highlights:
Many buyers are purchasing a home with a down payment as little as 3 percent.
You may already qualify for a loan, even if you don't have perfect credit.
Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.