Entries by Genworth Mortgage Insurance

Do You Need to Reevaluate How You Think About First-Time Homebuyers?

In the mortgage industry, we sometimes tend to think of our prime first-time homebuyer market as the younger half of the Millennial generation. You know, the ones that are obsessed with plants and Instagram. However, the recent National Association of Realtors report reveals that the median age of first-time homebuyers has risen to 33 years […]

Solving Inventory Challenges with Construction Loans

In a past post, we discussed renovation loans and identified similarities with the better-known construction-to-perm (or construction loans for short). In this post, we’ll expand upon those differences and give you a more thorough understanding of construction-to-perm loans. There are some significant differences between the two programs that we will explore. But let’s focus on the […]

Solving Inventory Challenges with Renovation Loans

Finding solutions to one of today’s biggest market challenges Renovations and renovation loans are becoming more prevalent in our lives, especially in our entertainment options. One television channel in particular – HGTV – is overflowing with shows about transforming a run-down property into the house of every homeowner’s dream. From Chip & Joanna Gaines to […]