Cory Thompson

Mid America Mortgage, Inc.

 

Starting the New Year with Smart Home Financing

The New Year is a natural time to pause, reset, and think intentionally about financial goals. For many buyers and homeowners, real estate and home financing are part of that plan. Whether you are considering purchasing a home, refinancing, or simply positioning yourself for future opportunities, starting the year with a clear strategy can make a meaningful difference.

How the Sharing Economy Is Changing Mortgage Underwriting

The rise of the sharing economy has changed the way many people work, earn, and budget. Income from rideshare driving, freelance projects, short-term rentals, and delivery apps has become a normal part of modern finances. These new income streams are helpful for building savings and paying bills, but they also affect how lenders view your mortgage application. Understanding how the sharing economy influences underwriting can help you prepare for a smooth approval process.

How Real-Time Income Verification Is Changing Mortgage Approval

Mortgage approval used to require weeks of gathering documents, submitting pay stubs, waiting for HR departments to respond, and hoping everything lined up perfectly. Today, more lenders are moving toward real-time income verification, a faster and more accurate way to confirm your income during the mortgage process. This shift is making the approval timeline smoother for buyers and giving lenders a clearer picture of your financial situation.

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