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Mortgage

What Will Happen to Mortgage Rates in 2024?

Though the forecast for next year sounds positive, let’s look at what various experts are predicting for mortgage rates in 2024.

September 27, 2023 Read more

Appraisal

An In-Depth Look at the Uniform Standards of Professional Appraisal Practice (USPAP)

Where doctors follow Standards of Care, lawyers follow Rules of Professional Conduct, and real estate agents follow real estate law – appraisers follow the Uniform Standards of Professional Appraisal Practice, or the USPAP. And it helps to understand what it is, whether you’re a homebuyer or seller journeying through the appraisal process or an aspiring appraiser. Let’s take a look at why the USPAP is so important.

September 19, 2023 Read more

Mortgage

AI Mortgages: The Impact of AI and the Future of the Mortgage Industry

Artificial Intelligence (AI) is the new frontier for the mortgage industry. As it advances, it offers more ways to streamline the mortgage process and improve the customer experience.

September 14, 2023 Read more

Real Estate

Real Estate Agent Salary: How Much Do Real Estate Agents Make on Average?  

Being a real estate agent is one of the most financially rewarding careers you can have while still being your own boss. According to Indeed, the average annual salary for a <a href="https://www.indeed.com/q-Real-Estate-Agent-jobs.html?from=careerguide-autohyperlink-en-US" rel="noreferrer noopener" target="_blank">real estate agent</a> in the United States is <a href="https://www.indeed.com/career/real-estate-agent/salaries" rel="noreferrer noopener" target="_blank">$94,031</a>. And the job demand is promising, too. Commercial property is consistently being sold and bought, and SO many people need help finding or selling housing. With all the complexities that come along with buying or selling a property, real estate is a job that will never go out of style. 

September 12, 2023 Read more

Appraisal

What is Functional Obsolescence in Real Estate Appraisal?

Remember the first cell phone you had? Your first television? That payphone you used at the mall? These technologies have one thing in common. They’re all functionally obsolete. Homes can be, too. Here’s what functional obsolescence means in real estate appraisal. 

September 8, 2023 Read more

Mortgage

MLO 101: Who is Required to Have an NMLS Number?

Let’s take a look at who needs an NMLS number, and why.

September 7, 2023 Read more

Mortgage

Can you become a part-time mortgage loan officer?

An exploration of what being a part-time loan officer is like, the challenges, and benefits thereof.

September 4, 2023 Read more

Appraisal

How Do Desktop Appraisals (aka Virtual Appraisals) Work?

How do desktop appraisals work and what are the benefits and challenges of using them? There’s a lot to unpack here, so let’s explore.

September 1, 2023 Read more
The ins and outs of a mortgage loan officer's workweek

Mortgage

The ins and outs of a mortgage loan officer's workweek

The typical workday for a mortgage loan officer can vary depending on factors such as client appointments, seniority, and market demand. Loan officers are known to enjoy a pretty flexible schedule, so their daily routine can also be shaped around their personal preferences.

August 20, 2023 Read more

Appraisal

What is an appraisal review? A comprehensive guide.

Use this roadmap to demystify the process of appraisal reviews and better prepare for the next time one hits your desk.

August 15, 2023 Read more