Financial Fitness: April 2024
As April blossoms forth, signs of renewal are all around us. Though inflation and the specter of higher interest rates linger, there's hope...
Recent Mixed Use Property Funded
We are thrilled to announce the successful funding of a mixed-use property through our investor 2-8 mixed-use and 5-10 unit residential DSCR program. At MorgageDepot,...
Recent non-QM securitizations show signs of higher stress
Recent vintages of non-QM securitizations are leading delinquency rates higher, with the segment posting the largest increase in distress over the past 12...
Here’s why new home sales inch higher despite 7% mortgage rates
While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new...
What Do Mortgage Underwriters Do? Decide If You’re Approved!
Here’s some Q&A with regard to the home loan approval process: “What do underwriters do?”Once you actually apply for a home loan, your...