According to the credit union, eligible members can receive grant funds of two percent (up to $7,500) toward the downpayment or closing costs on their first home. Since the program began in 2018, BECU has granted over $2.4 million to help purchase 438 homes by its members, of which 80 percent were Millennials. Eligible participants must use a BECU conventional fixed or adjustable-rate loan, up to $510,400, in order to qualify for funding.Pending sales fall 16.4% from a year ago despite lower home prices and mortgage payments, as sellers retreat from a weakening market
Home prices are falling. Mortgage payments are easing. Sellers are becoming more willing to negotiate. Yet the housing market keeps losing buyers.Pending home sales fell 16.4% year over year during the four weeks ending Nov. 1, reaching their lowest level in Redfin's weekly ...
LenDb.ai is making LO records available to AI assistants, offering a potential new way for borrowers to find originators
A new mortgage technology startup is betting that borrowers will increasingly turn to artificial intelligence to find a loan originator, and it wants to make sure AI knows whom to recommend.LenDb.ai, launched Thursday by venture studio Draper Goren Blockchain, has assembled ...
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