With prices rising, it’s becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA’s official announcement.
Category: Guaranteed Rate
Report documents culture of harassment at Guaranteed Rate
A “Chicago Tribune” investigation included accounts from former employees who described accounts of sexual harassment, misogyny and bullying.
More lenders raise their conforming loan limit to $750K
Following Rocket’s lead, UWM and Guaranteed Rate say they’ll price mortgages of up to $750,000 as if they’re eligible for purchase by Fannie Mae and Freddie Mac in anticipation of expected 2024 increases.