We are open for business
Of course, we never closed! Refinance business definitely picked up over the last few months, but it is nice to see the purchase business rebounding now too. We are all going to have a busy summer market, and together we can get through it…
According to data from the Mortgage Bankers Association regarding purchases, “…applications have risen every week since April 17 and have improved over that period by an aggregate of 46 percentage points.”
Locally, we are already hearing about multiple offer scenarios and homes going over asking price. Last week, our greater Boston branches issued close to the same number of pre-approval letters as this time last year. As business picks up, together, we can give your clients a competitive edge:
Remind your buyers to review their credit history and credit score. Guidelines are easing, but still subject to change.
We can discuss down payment and closing cost with your clients and explain all the options.
We will get your client pre-approved, explain our Fast Lane program, (our underwritten pre-approval*) and clarify with them how much house they can afford. You can help them virtually tour.
You can help strengthen your client’s offers utilizing these options.
Together, we can explain remote closings and issues that may impact closing dates.
For those on the fence about listing their homes, rates are low, demand is high, and prices are holding, so it remains a seller’s market.
Together, looks like we are going to have a busy summer!
According to data from the Mortgage Bankers Association regarding purchases, “…applications have risen every week since April 17 and have improved over that period by an aggregate of 46 percentage points.”
Locally, we are already hearing about multiple offer scenarios and homes going over asking price. Last week, our greater Boston branches issued close to the same number of pre-approval letters as this time last year. As business picks up, together, we can give your clients a competitive edge:
Remind your buyers to review their credit history and credit score. Guidelines are easing, but still subject to change.
We can discuss down payment and closing cost with your clients and explain all the options.
We will get your client pre-approved, explain our Fast Lane program, (our underwritten pre-approval*) and clarify with them how much house they can afford. You can help them virtually tour.
You can help strengthen your client’s offers utilizing these options.
Together, we can explain remote closings and issues that may impact closing dates.
For those on the fence about listing their homes, rates are low, demand is high, and prices are holding, so it remains a seller’s market.
Together, looks like we are going to have a busy summer!
If you are looking for Fairway Independent Mortgage Company, Contact Us!
Source By: https://www.fairway-newengland.com/blogs/we-are-open-for-business
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