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MPowered Mortgages releases “Spotify-style” 2024 highlights summary to broker partners #MPoweredRewind #BrokersInsights #MortgageAnalytics #AIinMortgages #DataScienceInAction #ReflectAndPlan #BrokerJourney #FutureOfBrokers #2024Insights #2025Prep

How brokers can use specialist mortgages to help a new kind of adverse customer – Atkins https://lnkd.in/eqkpHRbC #specialistmortgages #adversecredit

Understanding the Different Types of Mortgages and Their Pros and Cons

🏠 Interested in a jumbo reverse mortgage? 🔄 Wondering what makes someone an ideal candidate for this type of loan? In our latest video, we explore the key factors that lenders consider when evaluating potential borrowers for jumbo reverse mortgages. Age, home value, and financial stability are all crucial considerations. We discuss the specific requirements and criteria that lenders look for in potential borrowers, including minimum age, property eligibility, and financial assessment. Whether you're a homeowner exploring your options or a financial professional seeking to better understand the jumbo reverse mortgage landscape, this video provides valuable insights and expert advice. #JumboReverseMortgage #ReverseMortgageQualifications #ExpertAdvice Watch video Here> https://lnkd.in/gMb6grc8 Have Questions, Reach out to me for more information. Carl Spiteri Branch Manager - Mortgage Advisor NMLS id 286890 (858) 526-3037 carl.spiteri@benchmark.us Benchmark Mortgage Ark-La-Tex Financial Services, LLC NMLS id 2143

Accord Mortgages Limited cuts rates across buy-to-let and residential offering Notably, for residential borrowers there are reductions on selected 2-year fixes of up to 0.30%, with 3-year fixes discounted by as much as 0.15%.

🏠 Interested in a jumbo reverse mortgage? 🔄 Wondering what makes someone an ideal candidate for this type of loan? In our latest video, we explore the key factors that lenders consider when evaluating potential borrowers for jumbo reverse mortgages. Age, home value, and financial stability are all crucial considerations. We discuss the specific requirements and criteria that lenders look for in potential borrowers, including minimum age, property eligibility, and financial assessment. Whether you're a homeowner exploring your options or a financial professional seeking to better understand the jumbo reverse mortgage landscape, this video provides valuable insights and expert advice. #JumboReverseMortgage #ReverseMortgageQualifications #ExpertAdvice Watch video Here> https://lnkd.in/gxH9CHVv Have Questions, Reach out to me for more information. Carl Spiteri Branch Manager - Mortgage Advisor NMLS id 286890 (858) 526-3037 carl.spiteri@benchmark.us Benchmark Mortgage Ark-La-Tex Financial Services, LLC NMLS id 2143

Accord Mortgages Limited reduces buy-to-let rates for the second time in a week Responding to reductions in market interest rates, latest changes include 2-year fixes reducing by 0.15%, with reductions of up to 0.10% on 3- and 5-year fixes.

MPowered Mortgages cuts rates by up to 0.10% New customers will benefit from cuts to the lender's 3-year fixed rate range which now starts at 3.91%.

Zero-Down Mortgages: Are They a Sign of Economic Rejuvenation or a Repetition of Past Mistakes? As housing costs surge alongside rising mortgage rates, the dream of owning a home, let alone investing in additional properties, is becoming increasingly elusive for the average person. In response, a mortgage lender has introduced a zero-down payment program to attract more potential buyers. While critics worry this move mirrors the risky lending practices that led to the 2008 financial crisis, supporters argue it represents a novel approach to homeownership. United Wholesale Mortgage (UWM) launched its zero-down program in May, offering eligible borrowers the chance to secure a mortgage and a secondary loan covering the down payment. Under this setup, borrowers can access a 3% down payment assistance loan of up to $15,000. Notably, this secondary loan doesn't accrue interest or require monthly payments; repayment occurs upon the sale of the home, full mortgage payment, or borrower refinancing. To qualify, prospective homebuyers must either have an income at or below 80% of the area's median income or be first-time buyers. Echoes of the Past or a New Approach? While UWM claims to be the sole wholesale lender offering such a program nationally, variations of low or no down payment assistance have existed for years, including bond programs, local housing authority aid, and veteran loans. The USDA also provides zero-down home loans in select rural areas, and Bank of America initiated a zero-down mortgage program in 2022 targeting specific Black and Hispanic communities. Ultimately, while zero-down mortgages provide a pathway to homeownership and investment, informed decision-making and risk assessment remain crucial in navigating the complex real estate landscape.

MPowered Mortgages reduces rates across range of fixed rates Rates at 80% LTV across 2-year and 3-year fixed rates have been reduced by up to 0.49%.