Video of a breakdown of discount points.
With the housing market in good shape and the rates so low, I wanted to give you some ideas to help your clients in the future before closing their loan. In this video I break down discount points and how they can change the outlook of a mortgage.
Conventional Mortgage sign on the tiny wooden home. US military man with family showing keys from house, benefits in crediting.
Viewpoint Financial Home Loans is happy to invite you and your clients to try the Conquest Program. When it comes to attracting a wider collection of homebuyers, there’s nothing more powerful in the market today than our Conquest program.
Let’s dive into what the Conquest Program can offer:
Real estate business growth graph. Arrow graph with house graph. 3d illustration.
With purchase applications increased to the highest level in over 11 years and for the ninth consecutive week, we are looking at the best time for your clients to buy or refinance a home.
Eagle flying in the sky with written words.
I love the Eagles. And I’m back in love with one of my lenders because we were just able to structure a 70/20/10!
Video of Forbearance Update.
Viewpoint Financial Home Loans has strived to keep our referral partners informed throughout this pandemic. With most of our colleagues and partners returning to work in the coming weeks, we plan to return to continuing our series of videos as well as keeping you informed of the latest news that involves us all. Thank you for taking time out of your schedules every Friday to join us for our Mortgage Moments.
Image made of words about small business.
The Paycheck Protection Program (PPP), created by the Coronavirus Aid, Relief and Economic Security Act (CARES Act) - provides small businesses with less than 500 employees with forgivable, zero-free loans of up to $10 million or 2.5 times their average monthly payroll costs.
Image of Home Loan Rates in a Bank.
In its May 5 report on the number of COVID-19 forbearance plans in effect, Black Knight said the rate of new plans had slowed, but speculated they could pick up again as the May mortgage payments came due.
Close up Loan Application form paper with pen, home loan or personal loan application concept.
Loans offered through Viewpoint Financial Home Loans.
Business Credit Score Gauge Concept, Excellent Grade.
The recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act places special requirements on companies that report your payment information to credit reporting companies.
Video on a pitfall for homeowners using the mortgage forbearance option.
With the current issues occuring during the COVID-19 pandemic, your clients may need to think about accepting the Mortgage Forbearance being offered. Viewpoint Financial Home Loans is looking ahead of the NOW and looking towards how this could affect your potential clients in the future.
In response to the coronavirus impact on the economy the government is contemplating a stimulus package or bailout for companies in financial crisis.
If you have already received that $1200 we’ve been hearing about, Congratulations! If you haven’t, check out the below excerpt from an email received from the Consumer Financial Protection Bureau. It may give some very useful information.
Credit Score rating based on debt reports showing creditworthiness or risk of individuals for student loan, mortgage and payment cards, concept with business person touching scorecard on screen.
The Consumer Financial Protection Bureau (Bureau) today released a policy statement outlining the responsibility of credit reporting companies and furnishers during the COVID-19 pandemic.
Exchange rates of economies of countries, dependence on oil trading graph. Concept business and financial investment.
The Federal Reserve’s pledge on Monday to buy unlimited amounts of Treasuries and mortgage bonds to stabilize the markets may have the same effect as when it rescued the economy in 2008: New lows for home-loan rates.
Real Estate Market Going Up.
The links in this email are guidance from Fannie Mae, VA and FHA to help guide you, our Realtor friends and industry partners, to address the questions you may have regarding Re-Verification of Employement, Appraisals and Credit Bureau Reporting. Please feel free to email or call me if you have any questions that may not be addressed below.
A group of professional business people around a conference table.
The Federal Housing Finance Agency (FHFA) has announced two new policies designed to assist the mortgage markets in the midst of the ongoing COVID-19 crisis.
