This unique loan type provides seniors with flexibility and can even eliminate monthly mortgage payments. Sound too good to be true? Let’s dive into some of the most common questions borrowers ask about reverse mortgages. The post Answering Common Borrower Questions: What Is a Reverse Mortgage? appeared first on wemlo ..read more

The loan origination industry has had some poor customer satisfaction ratings recently and that needs to improve. With an automation network that can free up some of your time, you can focus more on your clients. The post 2023 Conforming Loan Limits: A Guide for Borrowers appeared first on wemlo ..read more

A Quick Recap of Everything You Need to Know   Over the course of the last year, the country worked hard to recover from many initial impacts of the COVID-19 pandemic. Despite the gradual return to some semblance of normalcy, the housing industry was again turned upside-down. From climbing interest rates to stubbornly sky-high prices, here are a few of ... Read More The post 2022 Year in Review: What Happened in the Mortgage Industry? appeared first on wemlo ..read more

The loan origination industry has had some poor customer satisfaction ratings recently and that needs to improve. With an automation network that can free up some of your time, you can focus more on your clients. The post Improving the Borrower Experience in the Lending Industry appeared first on wemlo ..read more

Walking Borrowers Through the Pros and Cons of HELOC   Consulting with a client on the purchase of another property or initiating a large-scale renovation? Ensuring they understand the home equity line of credit (HELOC) could be key in finding success for both of you.   If you’re in the process of demystifying the HELOC, start by determining what kind ... Read More The post Explaining Home Equity Line of Credit (HELOC) to Borrowers appeared first on wemlo ..read more

  It’s no secret that the mortgage industry is a fickle beast. After all, who among us could have predicted the ways the COVID-19 pandemic upturned the real estate sphere?   After two years of a highly unusual housing market, a clearer picture of 2022 is starting to take shape. While in many ways the new year may be more ... Read More The post What Can MLOs Expect in 2022’s Second Quarter? appeared first on wemlo ..read more

The loan origination process is too slow. With an innovative platform that automates your back-end tasks, you can keep up with what MBA declares will be a top trend in 2020: speed. The post Loan Origination Process Too Slow? Here’s the Solution appeared first on wemlo ..read more