Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers. Continue reading
The brokerage is recruiting agents and regional directors from the military community to help launch the Compass Military Division in July. Continue reading
All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022, according to new data released Friday by Redfin. Continue reading
The Department of Veterans Affairs allows desktop appraisals when borrowers put 20 percent down, but nearly 90 percent of VA-backed loans are made to homebuyers who put nothing down. Continue reading
Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. Continue reading
The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading
Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly seven years. Continue reading
Getting through the VA’s appraisal process can be a deal-breaking nightmare — if you don’t know how it works. Navy veteran and agent Phil Capron, sheds some light on common loan-approval issues you can help veteran clients avoid. Continue reading
Here are 10 questions that homesellers will most likely ask during the appraisal process. Here’s how to best respond to prepare them for all outcomes. Continue reading
On the heels of an increase in the conforming loan limits, the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA) have rolled out new limits on the loan they started backing January 1, 2019. Continue reading