“Action and adaptability create opportunity.” – Garrison Wynn Could a quote be any more applicable to the residential real estate market these days? We have all found ourselves required to make changes to how we source, engage and work with clients. Low inventory, elevated interest rates and attacks on your income have impacted us all, […]
Are You Sabotaging Your Productivity?
Have you ever found yourself feeling more efficient when you’re busy? Or that you always find yourself busy right before going on vacation? Unconsciously, you may have experienced what’s known as Parkinson’s Law — but did you know that very same concept can also sabotage your success? Let’s learn what Parkinson’s Law is and how […]
The ABCs of Buydown, Part 2
Welcome back to the ABCs of Buydowns! Last week we tackled the basic definitions of what a buydown is, the available types and how they work to lower monthly payments. Today we will dig a little deeper to understand the pros and cons of each and how market conditions can determine which option might best suit […]
The ABCs of Buydowns
Would you ever try to solve an algebra problem if you didn’t know addition or subtraction? Or try to run a marathon if you’ve never run a 5k? The idea is you need to know the fundamentals before you can move on to more advanced challenges — and real estate (and mortgage financing) is no […]
January is Poverty Awareness Month
The holiday season is a time for gratitude and giving back, but as we enter a new year, that sentiment shouldn’t disappear. January is Poverty Awareness Month, an annual observance dedicated to raising awareness about the challenges and complexities of poverty. It is also a time for fostering a deeper understanding of its impact on […]
Union Member Get $450 at Closing
You can save your union member clients $450 at closing when they close with Key Mortgage. Each quarter, Key Mortgage has been giving you a chance to save your clients money with our Client Appreciation Closing Credit Costs. These are special quarterly closing cost credits to a unique segment of potential homebuyers. Together, we helped […]
The Preapproval Game: Know Your Options, Part 2
Welcome back to the second installment of our series on preapprovals. Last week, we learned what prequalification, preapproval, automated underwriting and fully underwritten preapproval mean. Today we are going to talk about the advantages and potential disadvantages of each and how you can best utilize your Key Mortgage loan officer to figure out what works […]
The Preapproval Game: Know Your Options, Part 1
Preapproval, prequalification, automated underwriting, fully underwritten preapproval — all familiar terms, but do you know what they really mean? What impact do they have on your client’s loan process or chances for approval? As a seller, what level of assurance does a lender letter offer? In our two-part series, “All Preapprovals Are Not the Same,” we’re […]
Higher Loan Limits Make it Easier
We can always count on this time of the year to bring us Black Friday sales and endless holiday music. It is also the time for new loan limits — but how are these values set? Is it arbitrary? The short answer is no — it’s all data-driven. To calculate loan limits, the Federal Housing Finance Agency […]
December 3rd is International Day of Persons with Disabilities
The International Day of Persons with Disabilities (IDPD), established by the United Nations, is celebrated annually on December 3. It serves to not only remind us of the challenges faced by people with disabilities but also to promote inclusivity in all aspects of life and to recognize the contributions of disabled persons to society. History […]
