This blog post comes from Ben DiMeo, Enact’s Senior Sales Consultant. He spends his time helping customers solve business problems by maximizing efficiencies, improving quality, and enhancing the customer experience. Data driven decisions. We believe in collecting a wealth of data to make the most informed and relevant business decisions, but the processes put in […]
This blog post comes from Ben DiMeo, Enact’s Senior Sales Consultant. He spends his time helping customers solve business problems by maximizing efficiencies, improving quality, and enhancing the customer experience. With the current conditions of the mortgage industry and housing market, it’s not a wonder that more people are experiencing difficulties in optimizing their loan […]
During the homebuying process, all the paperwork that a borrower submits eventually makes its way from the loan officer to the loan processor and underwriter. When that (figurative) towering stack of papers lands on your desk, you then have the task of submitting the loan for mortgage insurance. Do you go with delegated or non-delegated […]
A version of this post originally appeared on MortgageOrb. Affordability in housing is top of mind for many both inside and outside of the mortgage industry. For many potential first-time homebuyers, the combination of rising rates and a continued climb in housing prices has left them feeling that homeownership is becoming increasingly out of reach. […]
[This article is the third in our three-part series on adjustable-rate mortgages (ARMs). We’re diving into what ARMs are, how they work, and the situations in which a borrower might be interested in pursuing one. To access the rest of the series, click here.] We recently sat down with Lori Sullivan, one of our Sr. […]
[This article is the second in our three-part series on adjustable-rate mortgages (ARMs). We’re diving into what ARMs are, how they work, and the situations in which a borrower might be interested in pursuing one. To access the rest of the series, click here.] In our first article in this series, we talked about why […]
[This article is the first in our three-part series on adjustable-rate mortgages (ARMs). We will dive into what ARMs are, how they work, and the situations in which a borrower might be interested in pursuing one. To access the rest of the series, click here.] You’ve probably been hearing a lot of talk these days […]
A version of this post originally appeared on MortgageOrb. The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful […]
We’re all human… and humans will make errors on occasion. So we’re highlighting some of the common underwriting errors that we see and providing you with tips to help you avoid them. We’re sharing our reminders, spotlighting error trends we see, and suggesting ways to improve quality before submitting a loan. Underwriting Reminders: Every loan […]
[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.] Don’t expect first-time homebuyers (FTHBs) to remember all the terms they’ll hear […]