Benchmark, a leading mortgage lender since 1999, is proud to announce its accreditation as an Accredited Social Impact Lender (ASIL) by the National Association of Minority Mortgage Bankers of America (NAMMBA). This accreditation is a testament to Benchmark’s commitment to providing quality mortgage services to all of its clients. Benchmark’s mission is to make homeownership …
Benchmark has been named one of the 50 Best Places to Work for by Mortgage Executive Magazine! We’re ranked #7 on average score! Additionally, Benchmark was named to the magazine’s Top 100 Mortgage Companies in America. We landed at #38 alongside some of the biggest names in the country. 64 of our teammates were recognized …
April 26, 2022 – Steve Remington, Benchmark’s C.O.O., was sworn in as the 2022/23 President of the Texas Mortgage Bankers Association last month at the TMBA Annual Convention in Austin, TX. The TMBA’s membership is the largest in the nation, made up of mortgage bankers, banks, credit unions, attorney firms, vendors, technology firms, and more. …
March 25, 2022 – (https://www.nammba.org/nammba-news/2022/3/23/y01ossl45mus481lro33y10vzs16iv) Today marks the start of Benchmark’s partnership with the National Association of Minority Mortgage Bankers of America (NAMMBA). Benchmark Mortgage is a nation-wide lender headquartered near Dallas, TX. For over 20 years, the company has built a dynamic lending community. Their entire business is driven by focusing on relationships. They are …
The current market is not the same one that existed only three months ago. Open houses are not as “open” as they were, and COVID 19 has impacted every aspect of the real estate market. We got with JD Tomlin, a realtor with the JD Tomlin Team (est. 2010) in the DFW area, to discuss …
It’s no secret that realtors work hard to create a great home finding process for their clients. For top notch realtors, this has not really changed. Restrictions have been put in place to ensure that visiting homes is done safely, and inline with the CDC’s recommendations. When home sellers have multiple people wanting to look at the house, Realtors will often try to access the house without their clients, providing a walk-through video, as well taking note of things the homebuyer may want to know about. This requires a lot of trust in your realtor partner, and borrowers may need to be ready to potentially purchase a house without actually stepping foot inside of it.
If you are considering listing your house for sale, you have probably considered the fact that people will want to come tour the inside of the house. This is where the realtor you choose can make a big difference. Photographs and 3D digital tours have become popular solutions to boosting your house listing, and allow potential buyers to see enough of the house that they may make an offer, site unseen. Realtors are also seeing that every protective measure is taken to make sure they enter a house with facemasks and sanitization before, and after, viewing a house.
Home inventory helps predict whether it’s a “Seller’s Market” or a “Buyer’s Market.” When there are too many houses for sale, the buyer has the advantage. When there are not enough houses, sellers have the advantage. Home inventory changes based on location, so good advice in one city, may be harmful in another. No matter what inventory level your area is seeing, the important thing to note is that houses are still selling, people are still moving, and you can too! Ask your local Benchmark Loan Officer to connect you with one of their trusted realtor partners to get started today!
The team you work with matters! The industry has changed a lot, and working with an expert who can navigate the changing guidelines is more important than ever. Lenders today are dealing with constraints that have taxed the entire industry with challenges, including long wait times on appraisals. In some cases, some lenders are just not sending funds to close their loans. Ultimately, how long is the home buying process taking? Overall, transaction times haven’t changed very much. Benchmark has a team dedicated to making sure loans close quickly, efficiently, and on time.
Founding Partner Stewart Hunter delivers a quick market update, including the $2 Trillion bailout package, shelter in place, and Benchmark's own market and operation status.
