lending offers

When you take out a mortgage, whether it’s a refinance or a home purchase, you may come across the phrase “cash to close.” Virtually all mortgages require some financial contribution from the borrower to fund the loan. It might be down…
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Past Ginnie Mae president Ted Tozer has argued that the FHA should lower or completely eliminate its current 3.5% down payment requirement. He discussed the controversial take during a Community Home Lenders of America Roundtable in…
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At last glance, 30-year fixed mortgage rates were sitting above 7%. Despite this, there are virtually no homes for sale. One would assume that after such a massive interest rate spike, demand would flounder and supply would flood the…
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