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Did you know there are over 400,000 individuals employed in the mortgage banking and brokerage industries? Considering how difficult it is to pass the Nationwide Multistate Licensing System mortgage loans originator exam, that’s a lot of people! Mortgage consultants face many daily challenges in their quest to help people fulfill their dreams of owning real estate. But what…

FHA loans are one of the most popular types of mortgage loans in the country. There are over 7.8 million active FHA loans nationwide totaling $1.2 trillion in unpaid principals. If you add up the mortgage premiums owed on these loans, the total amount is astronomical! But what types of FHA loans do homebuyers apply for most…

A decade or more ago, companies were employing individuals for the long term. However, that has changed; many individuals globally have started to work on their terms as freelancers. Freelancers are self-employed individuals—these individuals aren’t committed to a particular employer for the long term, and work with different employers for different periods of time. This also…

If you ask the average joe what it means to be wealthy, chances are they’ll refer to having a ton of money. But did you know wealth doesn’t solely refer to the amount of cash a person has? A person’s wealth also includes any assets they own, like vehicles and real estate. This begs the question—how…

Did you know mortgage refinancing in the US reached an all-time high at the end of 2020? The sum of the principal and interest owed on mortgaged properties by December 2020 was approximately $933 billion! In contrast, the value of refinancing originations barely exceeded $100 billion in 2018. This begs the question—what factors caused the…