7 home fixes you must complete before selling

7 home fixes you must complete before selling

The process of getting a property ready to put on the market can seem daunting enough. There’s clearing the clutter, endless amounts of cleaning, organizing and scrutinizing your property with a fine-tooth comb. What needs attention and what can yo...
By Cara Ameer | Monday, July 18, 2016
The 20% fallacy: Why you do NOT need 20% down — or do you?

The 20% fallacy: Why you do NOT need 20% down — or do you?

One of the most persistent myths still making its rounds is that you need 20 percent down to get a mortgage. In fact, you have not needed 20 percent down since FHA went into business in 1934. In recent years, as lender scramble for millennial borrowe...
By Steve Cook | Monday, July 11, 2016
Do you really understand your client’s credit score?

Do you really understand your client’s credit score?

First-time homebuyers look to agents to fill in knowledge gaps. Although you’ll likely be sending buyers to a lender, it’s good to understand and be able to explain the terms. Especially if they tell you a number or hand you a credit report and t...
By Chris Rediger | Wednesday, June 22, 2016
How to give millennials the low-down on low down payments

How to give millennials the low-down on low down payments

Today's millennial buyers are having more trouble assembling the cash for down payments than their older siblings and parents because they have higher levels of student loan debt and lower levels of wealth and personal income than their two immediate...
By Steve Cook | Monday, February 29, 2016
How to help clients get into homes despite tight mortgage credit

How to help clients get into homes despite tight mortgage credit

Despite years of recovery and stabilization, as well as increased demand for housing purchase loans, mortgage credit remains tight today. In fact, according to the Mortgage Bankers Association, mortgage credit availability decreased 2.4 percent this ...
By Ray Brousseau | Wednesday, February 24, 2016
9 facts about the program for first-time homebuyers that gets no love

9 facts about the program for first-time homebuyers that gets no love

Mortgage Credit Certificates (MCCs) are an attractive option for homebuyers hoping to qualify for a loan in states that run the program. As the program's tax credits can be used as qualifying income, lenders will underwrite to a higher purchase price...
By Adam Stephens | Thursday, December 10, 2015
Letters from: commercial banking professional Tristan Wright

Letters from: commercial banking professional Tristan Wright

Welcome to "Letters from," a column that examines the intimate thoughts of members of the real estate industry. This week's subject is Tristan Wright. ......
By Cheryl Spangler | Tuesday, December 8, 2015
Letters from: real estate agent Karla Polce

Letters from: real estate agent Karla Polce

Welcome to "Letters from," my new column that examines the intimate thoughts of members of the real estate industry. We will explore why they got into the business, what they wish they would have known when they started, their challenges, who their m...
By Cheryl Spangler | Tuesday, November 24, 2015
Letters from: real estate agent Melissa Syverson

Letters from: real estate agent Melissa Syverson

Welcome to "Letters from," my new column that examines the intimate thoughts of members of the real estate industry. We will explore why they got into the business, what they wish they would have known when they started, their challenges, who their m...
By Cheryl Spangler | Tuesday, November 10, 2015
How might rising interest rates impact the market?

How might rising interest rates impact the market?

When it comes to the Federal Reserve and interest-rate hikes, it has become a question of will they or won't they. All eyes are on the policy makers as they continue to hedge whether interest rates will increase this year. Just this past month, the F...
By Ray Brousseau | Thursday, November 5, 2015
Do you know your FICO score?

Do you know your FICO score?

When a first-time homebuyer purchases a credit score on the recommendation of a reputable financial institution, he or she will be under the pretense that it's the same score that will be used when a lender underwrites their loan. Furthermore, advis...
By Nabil Captan | Friday, October 9, 2015
How to use a federal home loan for mortgage insurance

How to use a federal home loan for mortgage insurance

Mortgages are also subject to this rule. You might be familiar with homeowners insurance for those funded by a conventional loan, but what are the differences with federal home loans ......
By Amanda Rosenblatt | Friday, September 11, 2015
Help clients buy condos with federal home loans

Help clients buy condos with federal home loans

Due to community living and maintenance, plus the promise of homeownership and equity, condos are more popular than ever. This is especially so because federal home loans can be used to obtain them ......
By Amanda Rosenblatt | Wednesday, September 2, 2015
Millions are returning to the homebuying market — here’s what you should know

Millions are returning to the homebuying market — here’s what you should know

There are many who defaulted on their mortgages because of a job loss or personal disaster, who otherwise would have paid responsibly. These defaulted mortgages resulted in short sales or foreclosures. These defaults were the product of decisions mad...
By Nabil Captan | Thursday, July 30, 2015
5 resources you need during a VA loan transaction

5 resources you need during a VA loan transaction

The VA loan has incredible benefits for those eligible, but it also comes with a few unique requirements. To better serve your VA homebuyers, here are a few resources to help you along the way ......
By Samantha Reeves | Thursday, July 30, 2015
How to better serve former and current members of the military

How to better serve former and current members of the military

The VA loan market is thriving, showing impressive increases in the past several years, due in part to the amazing benefits available to eligible homebuyers, including the opportunity to purchase with $0 down. In fact, nearly 90 percent of Department...
By Samantha Reeves | Thursday, June 4, 2015
Discovering a down payment assistance program that can help more homebuyers

Discovering a down payment assistance program that can help more homebuyers

Many homebuyers have become overwhelmed by all the questions to ask before jumping into homeownership -- especially first-time buyers and those who have stayed put since the recession. Questions arise such as, "Am I ready? Is this a good investment f...
By Henry W.Bailey | Tuesday, June 2, 2015
Mortgage credit availability eases up

Mortgage credit availability eases up

Although some investors are still holding tight to credit standards, mortgage credit availability loosened last month, according to a recent Mortgage Bankers Association report ......
By Amy Tankersley | Tuesday, May 12, 2015