Existing Home Sales Edge Up
“I'm hiding from the storm till the damage is done.” (Lauren Alaina) Storms damaged data on housing starts and building permits from August to September, while existing home sales edged higher. Hurricanes Harvey and... »
Month: October 2017
We Can Help You Grow Your Business
Every HomeBridge Loan Originator gets access to a business-building suite of tools, strategies and support called HomeBridge Selling Solutions. The goals of Selling Solutions are simple: More Leads – We help you identify more... »
Renovation Loan: Transform an Ugly House into your Dream Home
A renovation loan allows you to turn a not-so-perfect house into your dream home. This is a great solution, when you can't find a home you love, in the neighborhood you want to... »
What Does a 203K Consultant Do and Why Do I Need One?
A 203(k) consultant is like a football team’s offensive coordinator – a point guard that runs plays on basketball court and a star infielder – all in one. Seem like an exaggeration? When... »
Things to Know About Remodeling a Home with the HomeStyle Renovation Mortgage
The Fannie Mae HomeStyle® Renovation Mortgage program helps qualified borrowers buy a home and make renovations, repairs or improvements – all in one loan. Here are a few the basic features of this... »
The “As-Repaired” Appraisal and 203K Loans
In a traditional home purchase transaction, a lender requests an appraisal to determine a fair market value of the home. The appraiser provides a professional estimate of the value of the property and... »
Can I get a 203(K) Loan and Do the Repairs Myself on the Home I Buy?
The short answer to this question is “Yes, in some cases.” The realistic answer is, “This is probably not a good idea.” Talk to anyone with a number of years of experience in renovation lending,... »
What Credit Score Does a Borrower Need to Qualify for FHA Financing?
Like a lot of questions regarding mortgages, the answer to that question is: it depends on a lot of other things. As of the date of this post, the FHA has set the minimum... »
Consumer Spending Up
“Oh what a price I had to pay.” (Fats Domino) Consumers weren’t afraid to spend in September after holding back in August. Folks were spending in September, according to the Commerce Department’s most recent... »
HomeBridge Ranks No. 1 in 203(k) for 2017, According to HUD
The U.S. Department of Housing and Urban Development (HUD) recently released its year-end 203(k) endorsement summary report and HomeBridge Financial Services ranks No. 1 in 203(k) loans for 2017! With its year ending September... »
Stop Worrying about a 20% Down Payment
We still hear it all the time....I need to save 20% for a home down payment. The truth is, many mortgage programs do not require a 20% down payment. Just a few examples: VA... »
HomeBridge Customer Reviews Reach New High
Nearly 40,000 customers have completed HomeBridge’s Customer Commitment Survey and our historical Net Promoter Score now stands at an impressive 78.7. The Net Promoter evaluation system, enthusiastically embraced by HomeBridge, scores the entire customer experience based... »
Hurricanes Impact Jobs
"If your paycheck depends on the weather and the clock." (Garth Brooks) Job growth plunged in September due to Hurricanes Harvey and Irma. The Labor Department reported that payroll growth declined by 33,000 jobs... »
Impressive HomeBridge Selling Solutions Stats Make the Case!
HomeBridge Mortgage Loan Originators continue to shine in their marketplaces with unique Selling Solutions that set them apart. Branch Manager / Mortgage Loan Originator Dean Bendall (NMLS #222267) and Regional Builder Manager Matt... »
Best Tools to Save on Online Shopping
To land the best price when you're shopping online, be sure to use all of the tools at your disposal. Here are several online shopping tools and price comparison sites we like: Sites such... »
