The integration create a fully digital application process for borrowers
As the mortgage lender expands to California, a 35-year industry veteran joins the company as its new regional director
Bridge financing is short-term financing, sometimes referred to as private money or hard money. Bridge loans are typically made by private individuals and not banks, so the interest rates on bridge loans are higher than bank loans.
A major residential lender has announced the launch of a commercial division
A major player in the commercial brokerage sector has announced the appointment of an industry veteran as its new director
Americans have been nervous to get back into commercial investments, and for good reason. The crash hurt more than a few wallets and investors are afraid the growth we’re seeing now is doomed to fail yet again.
Commercial development and single family construction came to a screeching halt back in 2008. Along with it, disappeared the financing, including commercial construction loans and commercial land loans. But after a long sleep, it’s all starting to wake up from the dead.
As the qualified mortgage (QM) and qualified residential mortgage (QRM) future rules are discussed by rulemaking officials, housing advocates and Wall Street investors, the rental markets in the United States continue their healthy growth. Real estate analysts such as Christopher Matthews of Time magazine believe that strict QM and QRM rules may end up placing greater restrictions on mortgage lending, which will only make rental markets even more profitable.