Posted To: Pipeline PressFor me October included time in Washington (State and DC), California, Tennessee, North Carolina, and Nevada. Lenders are talking about technology, the rate of change, and the overwhelming options available to LOs. And for home buyers, the process & economics are changing. Thanks to Amy R. who sent along this new company site . The buyer pays nothing, the seller pays 1.95 points to Ribbon, and the company ushers the buyer through the process . If the buyer is delayed in financing, “We will resell/convey the home back to you at the same price we purchased it for on the official purchase agreement.” And don’t forget OpenDoor or Redfin’s 1% commission . Do you think real estate agents are welcoming this? Lender Products and Services JMAC Lending is extending its $500…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Michael Ayoub, Author NMLS ID 6631