Mental math can be hard and GSE guidelines can be confusing, but it doesn’t have to be this way. We’ve got income calculation tools and tips to help you prevent calculation errors that can be costly and time consuming to fix. Our Income Calculation Tools page houses a collection of downloadable calculators and reference guides […]
We strive to help lenders bring the dream of homeownership to more people – that’s why it’s important for those of us in the industry, especially underwriters, to help educate on all parts of the mortgage loan process. Gift funds, in particular, are a subject that may sometimes need clarification: let’s jump in. As you […]
[This 4-part series features a deep dive into each of Enact’s FTHB topics. We have other topics in a previous series that details the benefits of MI, terms and people your borrowers should know, and affordability and budget worksheets. Be sure to check out the Help for FTHBs Hub for these flier resources!] Homebuying, as […]
[This 4-part series features a deep dive into each of Enact’s FTHB topics. We have other topics in a previous series that details the benefits of MI, terms and people your borrowers should know, and affordability and budget worksheets. Be sure to check out the Help for FTHBs Hub for these flier resources!] The homebuying journey […]
[This 4-part series features a deep dive into each of Enact’s FTHB topics. We have other topics in a previous series that details the benefits of MI, terms and people your borrowers should know, and affordability and budget worksheets. Be sure to check out the Help for FTHBs Hub for these flier resources!] The mortgage loan […]
[This 4-part series features a deep dive into each of Enact’s FTHB topics. We have other topics in a previous series that details the benefits of MI, terms and people your borrowers should know, and affordability and budget worksheets. Be sure to check out the Help for FTHBs Hub for these flier resources!] Your potential […]
More families are looking to move up, move out of apartment living, and relocate. And the demand for Construction-to-Permanent loans (aka C2P) continues, even in today’s rising interest rate environment. As a result, you may be seeing more C2P loans coming through your office. At Enact, we’ve made a couple of important updates regarding C2P […]
Purchasing a home can be an exciting, but daunting process for your borrowers and each one brings something different to the table. We align with Freddie Mac and Fannie Mae’s 97% loan programs by insuring 97 LTV loans and protecting you and your borrower. If your borrower requires PMI for their loan, we at Enact […]
A version of this post originally appeared on MortgageOrb. It’s safe to say that nearly every business today is using data to help make decisions. In this digital age, organizations have access to an abundance of data points that they can put to use. The question is no longer “Should we use it?” but “How […]
So, your borrowers have decided to build their home or pursue owning a newly constructed home. When working with your customers during this process, you’ll need to first familiarize yourself with the basics of Construction-to-Permanent (C2P) loans. If your borrower requires PMI for their loan, we at Enact have specific guidelines to suit both your […]