Review Mortgage Lenders

Accelerated Mortgage

MMA on the News Accelerated mortgage payoff

See for more info. MMA Accelerated Mortgage Pay Off In 8 to 11years News Video. Pay Off your Mortgage in as little as 8 to 11 years ...

Roostify to Integrate With Black Knight's LoanSphere Empower Loan Origination System

“As consumers increasingly demand an online, self-serve loan process, lenders are seeking to meet that demand as efficiently as possible,” says Rich Gagliano, president of Black Knight’s Origination Software division. “Integrating with the Roostify platform offers our clients a solution to deliver a seamless mortgage experience within existing Empower-based workflows.”

Roostify’s platform benefits both consumers and lenders by enabling a faster transaction, with greater visibility for all parties involved. Besides an intuitive application, consumers can upload and review documents, correspond with their loan officer and real estate agent, and gain complete transparency into the loan process from beginning to end. Without the back and forth that often occurs with collecting documents and signatures, or coordinating efforts between loan participants, loan officers are able to close more loans in a shorter period of time. With the new integration, lenders using Empower as their LOS will be able to seamlessly transfer information between the two systems, further streamlining workflows.

Black Knight's Mortgage Monitor: Despite Continued Home Price Acceleration, Housing Remains More Affordable ...

JACKSONVILLE, Fla., Nov. 07, 2017 (GLOBE NEWSWIRE) -- Today, the Data & Analytics division of Black Knight, Inc. (NYSE: BKI ) released its latest Mortgage Monitor Report , based on data as of the end of September 2017. Given continued acceleration in the rate of home price appreciation observed across most of the country, Black Knight thought it pertinent to examine both the current state of home affordability as well as potential impacts of future home price and interest rate increases on the home affordability landscape.

“Rising home prices continue to offset the majority of would-be savings from recent interest rate declines, which has kept home affordability near a post-recession low,” said Ben Graboske, Executive Vice President - Data & Analytics, Black Knight. “That being said, when viewing the market through a longer-term lens, affordability across most of the country still remains favorable to long-term benchmarks.”

As of September, 21.4 percent of the median income nationwide was needed to purchase the median-priced home, just slightly behind the post-recession peak of 21.8 percent seen in July. But, even with the monthly payment needed to purchase the median-priced home up $100 from one year ago, the national “payment-to-income” ratio remains 2.8 percent below the 24.2 percent average in the late 1990s and 4.9 percent behind the 26.2 percent average from 2000-2003 prior to the run-up in home prices that eventually peaked in 2006.

does anyone know how a accelerated home loan mortgage work?

Instead of making a payment monthly, some plans will set it up to pull 1/2 of your payment every other week.