Last week, the US Census Bureau released data suggesting there was a dip in originations with new home sales at the lowest they've been in more than a year. Down over 19% year-over-year dating back to June 2020.
Additionally, the report showed that sales had dropped nearly 7% from May to June. A dip to the tune of 50,000 less homes during the time of year when the housing industry is typically thriving.
While this may have caused some concern for the Broker community, I'm here to remind you that it's still Purchase Season here at Princeton Wholesale!
We're helping our Broker Partners look like rock stars for their Realtors and Referral Partners - We're closing loans on time and making it Effortless for their borrowers.
"Everyone I worked with from setup, to underwriting, to AE, to closing were very quick to respond to any needs that we had. " -Christopher B, Broker Partner via Experience.com
Our Broker Partners already know that we provide a world-class experience, but we've also continued making other improvements across the board:
We've tightened our Purchase pricing - And right now we're offering a 0.50 incentive on all Purchase business
We've launched Princeton Pre-Commitments for borrowers with TBD Properties
We don't miss our closing dates
We've launched Ask Underwriting which makes getting scenarios and UW answers quick and effortless - Check it out!
Our Lock Desk hours have been extended until 11 PM EST
We've expanded our Product Mix
We've lowered our minimum FICO on government products
We've implemented the Princeton Appraisal Deadline Guarantee
We've had 24 hour turn times for nearly all of 2021
We're now licensed in more than 30 states nationwide
We want to EARN your purchase business. And we want to make you, and your Realtor referral partners, look awesome.
Reach out via our site's chat function or contact form to learn more!