Nine in ten originators receive clients from referrals, according to the MGIC Loan Originators Survey Report. To expand your sales pipeline and increase business opportunities it's essential to build strong relationships with professionals in related industries....
Advise divorcing customers on the five common mortgage-related transactions used to settle the marital home The most valuable asset most couples must negotiate during a divorce is the marital home. Emotions are likely attached to the home, impacting timely and...
The current market is challenging for homebuyers as mortgage rates and home prices are moving the goal line further out of reach. First-time homebuyers who could qualify for a mortgage are self-selecting out of the process due to reduced purchasing power and...
Faced with higher prices on rent, food, and gas, many first-time homebuyers are struggling to save for a down payment and pay off the credit card debt they’ve accrued in recent years. These compounding factors are driving the credit scores of many prospective...
A borrower's credit profile is one of the primary eligibility factors mortgage lenders consider when evaluating a mortgage application. Yet, credit continues to be one of the significant reasons mortgage applicants fall out or have their mortgage application...
Despite the requirement to provide closing disclosures to inform homebuyers of their transaction costs, many homebuyers are so focused on finding a home and closing quickly that they often overlook the details and arrive at the closing table, surprised by the...
Our recent celebration of Labor Day traditionally pays tribute to the contributions and achievements of American workers. Yet, for the millions of American workers who are credit disadvantaged they are unable to achieve the American dream of homeownership....
Many of the mortgage lenders and originators who successfully transformed their business almost overnight in March 2020 had a record year in 2020. 2021 is expected to be another year of change. Now is the time to identify what strategies elevated your business in...