What’s the No. 1 thing today’s borrowers want? Faster response times

The latest J.D. Power study of borrower satisfaction revealed that loan officer response times are what make or break the experience, and this has pushed many consumers to go digital.

What lenders are doing to fend off disruption

It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing?

How partnering with a lender can increase your business

For many potential homebuyers, particularly millennials and first-time buyers, recent trends in the real estate market make financing a home seem daunting at best and impossible at worst.

Who’s responsible for shortening the real estate transaction?

Brad Inman says we need to improve the real estate transaction. He’s right. The only question I have is who the “we” is. Here’s what I mean. Inman argues in “Why homesellers demand better than a shaky real estate labyrinth” that the growth of well-funded “we will buy your home for cash in three days” companies such as Opendoor point to a screaming need in the industry to simplify the real estate transaction …

Who’s responsible for shortening the real estate transaction?

Brad Inman says we need to improve the real estate transaction. He’s right. The only question I have is who the “we” is. Here’s what I mean. Inman argues in “Why homesellers demand better than a shaky real estate labyrinth” that the growth of well-funded “we will buy your home for cash in three days” companies such as Opendoor point to a screaming need in the industry to simplify the real estate transaction …

ClosingCorp survey: 52 percent of lenders ‘off’ on initial home loan estimate

In October 2015, TRID — the TILA-RESPA Integrated Disclosure rule, or “Know Before You Owe” — was implemented to make the lending and mortgage process more transparent and easier to understand for consumers …

What home builders need that agents can deliver

As winter approaches, many agents watch their book of business dwindle as more and more homeowners prefer to wait for spring. For brokers and agents who know how to work with builders, however, the fourth quarter can be a great time for sales, especial…

5 ways to become a player in your market

To be at the top of your craft, you have to have dedication. The successful brokers and agents of today understand this, which is why they control a majority of the business in the areas they service …

Bankrate measures mortgage closing costs by state

One of the most commonly neglected cost considerations is at the closing table. Mortgage closing costs can vary greatly state-to-state, accoridng to data from Bankrate.com, which can have a big impact on the reality of affordable homes for some buyers …

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 borrowers…