[This 5-part series features a deep dive into each of Enact’s FTHB Kit topics. We will also go in-depth into other topics relevant to first-time homebuyers like questions to ask a real estate agent, understanding credit, using a house hunting checklist, and more.] The real estate and mortgage industries are closely tied together, but it […]
[This 5-part series features a deep dive into each of Enact’s FTHB Kit topics. We will also go in-depth into other relevant topics on first-time homebuyers like questions to ask a real estate agent, understanding credit, using a house hunting checklist, and more.] No matter how much you may advise borrowers to set aside a […]
[This 5-part series features a deep dive into each of Enact’s FTHB Kit topics. We will also go in-depth into other relevant topics on first-time homebuyers (FTHBs) like questions to ask a real estate agent, understanding credit, using a house hunting checklist, and more.] Homebuying can be intimidating, expensive and it can put a lot […]
[This 5-part series features a deep dive into each of Enact’s FTHB Kit topics. We will also go in-depth into other relevant topics on first-time homebuyers like questions to ask a real estate agent, understanding credit, using a house hunting checklist, and more.] The dream of homeownership, mixed with the realities of low inventory and […]
A version of this post originally appeared on MortgageOrb. More companies are directing time and resources to create equity in housing and homeownership. As part of that effort, one must understand why housing is inequitable today. There seems to be universal agreement in the mortgage and housing industries that education is key. However, it is […]
We understand that you’d like to have a clear to close commitment the very first time you submit your file… Well, crossing your T’s and dotting your I’s doesn’t have to be daunting during the underwriting process, although it can certainly feel that way! You can easily receive a “First Pass Approval” by following some […]
June is National Homeownership Month, a time to celebrate the benefits that homeownership brings to families, neighborhoods, and communities across America. It’s also an opportune time for you to educate prospective borrowers on the value of homeownership. We’re discussing topics like the housing market, the benefits of homeownership, the challenges first-time homebuyers face, and how […]
June is National Homeownership Month, a time to celebrate the benefits that homeownership brings to families, neighborhoods, and communities across America. It’s also an opportune time for you to educate prospective borrowers and first-time homebuyers on the value of homeownership. We’re discussing topics like the housing market, the benefits of homeownership, the challenges first-time homebuyers […]
It’s an ordinary day of underwriting mortgage files and then you see it – a restricted stock unit listed as income for the borrower. Depending on where you work, this may or may not be a common scenario you run into. Regardless, let’s dive into restricted stock units (RSU), how they’re taxed, and how the […]
A version of this post originally appeared on MortgageOrb. What does “agility” mean for mortgage lenders and servicers today, more than a year since the COVID-19 crisis began in the U.S.? One thing is for sure, “agility” doesn’t mean quite the same thing as it did pre-pandemic. So what lessons have mortgage lenders – who […]