I might add that a growing number of mortgage customers are younger Americans who have grown up with the Internet and are not shy about online transactions+//0A4v/9AID//QCU-in fact

Oct 21, 2014

By National Mortgage Professional

and thereby maximize your lead conversion ratio

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National Mortgage Professional

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Oct 21, 2014

Regulation and Compliance

California Approves $25B Homebuyer Loan Program, Targeting New Construction

Proposition 37 could open new purchase lending opportunities, but financing costs and borrower qualification will determine its reach

California voters have approved a $25 billion homebuyer financing initiative that could create new purchase mortgage opportunities for lenders and brokers, particularly those working with homebuilders.Proposition 37, which passed with more than 60% of the vote in the Nov. 3 ...

Opinion

DSCR Lending Keeps Gaining Ground as Investor Purchases Slow

As investor purchases decline, DSCR loans capture a growing share of Non-QM lending, creating opportunities for brokers who understand the differences between lender programs

Real estate investors are buying fewer homes than they did a year ago, yet debt service coverage ratio (DSCR) lending continues to gain ground in the market. A big part of the reason is that DSCR loans are purpose-built for property investors. Agency loans qualify borrowers ...