The Chandler operations center will be home to a host of loan processors, underwriters, closers and other mortgage origination professionals, who will support loanDepot’s wholesale, direct and, shortly, retail efforts. Leading the charge in Chandler for loanDepot Wholesale are Andrew Hutcheson, VP of operations; Matt Bowers, site operations leader; Jeff Carter, VP of underwriting; and Corey Williams, site underwriting leader. Matthew Wimer, VP of underwriting, will oversee production operations for loanDepot Direct.
The sum would cover 10% of the down payment in 17 of the largest US metros, Realtor.com reports.
A plan to offer up to $25,000 in down payment support to first-time homebuyers was proposed by Democratic presidential candidate Kamala Harris in her recently released economic agenda. While $25,000 would only amount to 5.8% of a median-priced home ($429,990) in August, Real...
The average borrower has gained $129,000 in equity since the start of 2020, per CoreLogic
U.S. mortgage borrowers saw their home equity increase 8% in the second quarter of 2024, with total net homeowner equity rising to $17.6 trillion. Homeowners with mortgages, which account for roughly 62% of all properties, experienced an average $25,000 increase in equity...
Enjoy access to a free NMLS renewal class when you attend an in-person event.
