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Are You Allowing Good Loans To Die? - Vimarsana News

Are You Allowing Good Loans To Die?

Would it surprise you to know you could close maybe a third or more of all the loans you might otherwise decline? One large financial institution sure was taken aback when Down Payment Resource showed them that by letting their borrowers in on how to find some help accumulating their down payments, they could have “salvaged” roughly 33% of loan applications they ended up throwing in the circular file.

Lots of Help Available for Down Payments - Vimarsana News

Lots of Help Available for Down Payments

The Fla. Housing Finance Corp. saw its volume jump in 2021; activity was so brisk that it stayed open 24/7 and increased its housing assistance amounts.