Better.com reports $90M net loss in Q1 2023
Of the $844 million in production volume in the first quarter of 2023, Refice accounted for $70 million and purchase credit accounted for $774 million. Better.com’s funded loan volume in the first quarter of 2023 is down from $7 billion during the same period in 2022. “We also reduced our funded debt volume by approximately […]
How Prime Lending plans to gain market share
prime lendingThe Texas-based retail mortgage bank aims to expand its market share by growing within its existing footprint in a margin-thinning environment. The lender hired 100 loan officers in June, taking the total number of LOs to around 800. Licensed in 23 states across the country, PrimeLending has 150 branches, including satellite and primary retail […]
Staying Home: How to Avoid Rent Late From Roommates
Last year I became a homeowner for the first time – exciting, isn’t it? Plus, I started managing my first rental property. You see, when I was in the process of buying a house I decided that I would split the cost of my mortgage by finding roommates. Fast forward a bit and I’ve got […]
What is jumbo loan in iowa 2023?
For many individuals and families, owning a home is the dream of a lifetime. However, with rising real estate prices, some may find themselves looking for financing in excess of the conforming loan limit. This is when you may need to apply for jumbo loans. What is Jumbo Loan? What Exactly Is A Jumbo Loan […]
Can a mortgage calculator lead you to your dream home?
typical mortgage calculator Standard mortgage calculators are useful, but they have limitations. For example, if you’re considering a variable rate mortgage, you’ll need to manually enter different interest rates to see how transfer rates will affect your payments. If you want to work backwards to determine how much monthly income you’ll need to buy a […]
What is Jumbo Loans in Rhode Island 2023?
For many individuals and families, owning a home is the dream of a lifetime. However, with rising real estate prices, some may find themselves looking for financing in excess of the conforming loan limit. In this instance, you would have to apply for a jumbo loan. What is Jumbo Loan? So, what exactly is a […]
most expensive US cities to live
12. San Diego, California the cost of living: 41.4% higher than US average Several California cities are on this list, and San Diego ranks first. While the West Coast’s sunny weather and gorgeous beaches make the city a hugely popular choice, it also comes with a slew of extra expenses. The media house cost over […]
What are Jumbo Loans in Missouri 2023?
When it comes to buying a home, buyers can have difficulty finding financing beyond conforming loan limits. In this instance, you may need to apply for a jumbo loan. So have you got your eye on someone? house in st louis or stretched land in jefferson cityLet’s take a look at what a jumbo loan […]
Important financial tips for buying your first home
Secure a Pre-Approval Letter When it comes to getting a mortgage, qualifying for a loan is very different from actually getting approved. It’s easy to confuse the two terms, as lenders are all too happy to pre-qualify applicants. Unfortunately, pre-qualifying only provides an estimate of how much a lender would be willing to lend you […]
What are Jumbo Loans in Kentucky 2023?
When it comes to buying a home, buyers can find it difficult to obtain financing beyond conforming loan limits. In this instance, you may need to apply for a jumbo loan. What is Jumbo Loan? A jumbo loan There is a type of mortgage in Kentucky that is used to finance homes that exceed the […]
