all-cash offers

Flyhomes Announces Two Exec Hires

Posted on by TMN Editor
Real estate and mortgage brokerage Flyhomes announced two new executive hires. Andrea Collins and Dan Richards joined the company, which offers buying and selling services as well as in-house finances, as Chief Marketing Officer and Executive Vice President of Mortgage. Both will serve on the Flyhomes Executive Committee and report to co-founder and CEO Tushar Garg. “Bringing in the level of experience and expertise Andrea and Dan possess to Marketing and Mortgage, respectively, fills key roles within our executive team and will empower us to drive major facets of the business in 2023,” Garg said in a press release.  Collins will lead the marketing team, working to increase Flyhome’s demand through brand amplification, communications, and market strategy. She joins the…

Homebuyers Competing With Cash Offers Get A Break

Posted on by TMN Editor
By KIMBERLEY HAAS Guild Mortgage has launched a national program that can help potential homebuyers compete with all-cash offers. Vice President of Product Strategy Erin Watts said in a recent interview with The Mortgage Note that they are doing everything they can to help homebuyers compete in today’s market. “We were getting these really well-qualified homebuyers that needed to get mortgage financing but they just kept missing out due to these cash offers,” Watts said. How does CashPass Work? When homebuyers apply for a loan with Guild Mortgage, they let them know they are interested in CashPass. They then provide the same information that they would need for pre-approval for a conventional loan. A minimum credit score of 680 is…