Existing home sales hit 14-month low
August closings slipped to their slowest pace in over a year, even as housing supply hit a decade-plus high
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BREAKING — Mortgage Professional America reported that existing home sales reached a 14-month low in August, with closings slowing to their weakest pace in more than a year despite housing inventory climbing to its highest level in over a decade.
For investors watching this shift, the combination of softer sales velocity and expanding supply signals a market where financing flexibility matters more than ever. loantrust.ai operates directly in this space, offering DSCR loans that qualify on property cash flow rather than personal income, bridge and fix-and-flip programs for acquisition and renovation, bank-statement options for self-employed borrowers, and new construction and multifamily financing. Each file is packaged by one licensed MLO rather than routed through a call center, which means the strategy behind the loan stays consistent from first conversation to closing.
When traditional purchase volume stalls, the investors who keep moving are typically those with access to capital structures built for transitional markets. loantrust.ai functions as a dedicated partner rather than a transactional call center, which positions it to serve borrowers navigating exactly this kind of inventory-heavy, slower-cycle environment.
Source: Mortgage Professional America, “Existing home sales hit 14-month low”. Read the original →
About loantrust.ai — Whether you're buying your first home, refinancing, or funding your next investment deal, you deserve a straight answer from a real loan officer — not a call center. loantrust.ai is the Atlanta-based mortgage brokerage where one licensed MLO personally packages every loan: conventional, FHA, VA, refinance, DSCR, fix & flip, bridge, new construction, multifamily, and bank-statement programs. Get a written quote you can compare against any lender — in about two minutes: get a written quote here
Hans Michel, Mortgage Loan Originator, NMLS #2857209 · LoanTrust is a dba of RentAssure Inc. · Licensed in Georgia · NMLSConsumerAccess.org · Equal Housing Opportunity. Nothing on this site is a commitment to lend — all loans subject to underwriting and approval. DSCR, fix & flip, bridge, new construction, multifamily, and bank-statement programs are business-purpose loans for investment properties only.