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Wraparound Mortgage: What Is It And How It Works

Wraparound Mortgage: What Is It And How It Works

by Third Party | Oct 16, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Forbes —  If you’re having trouble qualifying for a traditional mortgage, there may be another financing option available. A wraparound mortgage is a form of seller financing that’s designed to benefit both parties in the purchase. Buyers may have a...
Walmart is now offering mortgages, but its typical shopper probably can’t afford today’s housing market

Walmart is now offering mortgages, but its typical shopper probably can’t afford today’s housing market

by Third Party | Oct 16, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Business Insider —  At Walmart, you can buy anything from a Golden Girls themed Chia Pet to ethically sourced dog nail polish – and now you can also get a mortgage.  Lenders One Cooperative, a national alliance of independent mortgage bankers, banks and...
It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan

It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan

by Third Party | Oct 16, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: CNBC —  It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage...
Billionaires Have Growing Appetite for Real Estate As Market Slows

Billionaires Have Growing Appetite for Real Estate As Market Slows

by Third Party | Oct 16, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Yahoo Finance —  While the world’s wealthiest people earn their money in a variety of ways, many add to their fortunes through investing in real estate, which typically appreciates in value. Tesla Inc. and SpaceX CEO Elon Musk, the world’s richest man,...
A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now

A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now

by Third Party | Oct 15, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Business Insider—  One of my biggest financial goals is to invest in real estate. I’ve always wanted to own a handful of properties, all around the country, that I rent out to tenants as a way of making passive income. While I’m years away...
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