Texas National Bank is pleased to announce that Brian Hammond has joined the team as an AVP Mortgage Loan Originator. With a banking background dating back to 2018 and a focus on mortgages since 2021, ...

The use of mortgage loan origination software is a vital resource for lenders, supporting management operations and refining the loan process. This software empowers lenders to transform the loan ...

A Leader in Digital Origination In 2024, Blend powered nearly $1.2 trillion in loan applications across hundreds of banks, credit unions, and independent mortgage banks (IMBs). According to 2023 ...

Terry Vine / Getty Borrowers commonly have two options for securing a mortgage: a loan officer or a mortgage broker. Both prepare loan applications and process them, but their methods vary.

The origination fee covers the cost of processing your mortgage application. It can sometimes be a flat rate, but more commonly, it's a percentage of your total loan — typically between 0.5% and 1%.

When inflation rises, mortgage rates typically follow suit to compensate lenders for the declining purchasing power of future loan payments. The Federal Reserve's monetary policy decisions have ...

This study presents a machine learning model to predict mortgage prepayment risks at the loan origination phase, leveraging variables such as loan-to-value ratios, credit scores and interest rates.

Following are some key findings of the 2024 study: The U.S. Mortgage Origination Satisfaction Study measures overall customer satisfaction based on performance in six factors (in alphabetical order): ...

Learn more about how these loans work, how to qualify for each and how to tell which mortgage program is right for your financial situation. An FHA loan is a mortgage you can use to buy a home ...

One such term is the "mortgage loan origination" process, which describes the series of steps that occurs between your initial mortgage application and the final closing of your loan. Let's take a ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

One important person to have on your team is a mortgage loan officer who guides prospective homebuyers through the process of obtaining a home loan. While mortgage loan officers perform a similar ...