This means homebuyers will be able to borrow up to the new level without triggering higher interest rates.
“In the last five months we have expanded into the fast-growing real estate markets of Texas and now Massachusetts.” — Renovo CEO Kevin Werner
It’s a record-breaking year for a lender that’s accustomed to breaking records. Congratulations to Shant Banosian for funding over $1 billion home loans in under a year.
Both the way appraisers approach their work and the adoption of AVMs and other technology-based valuations will likely see major changes in the coming years, according to experts.
Some homeowners worry that, after a few months of forbearance, they’ll be required to pay everything they owe upfront, in one lump sum.
Landlord association says emergency legislation only protects some landlords and may be unconstitutional.
A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.
Small business owners could help keep their businesses running through a combination of Paycheck Protection Program loans and private loans.
But beware of the busy times: Customer satisfaction rates drop when loan volume increases.
Learn what nontraditional mortgage borrowers need to know when going into a home purchase and what kind of support they need from their real estate agents.