Mortgage loans made by the Federal Housing Administration can be a huge help to homebuyers without a large down payment. FHA loans require down payments of as little as 3.5%. Traditional loans often require 20%. Yet FHA mortgages come with some strings at
Dec 04, 2019 | FHA Loans Homeowner Tips Refinancing a Home
Once you’ve put an offer on a home, the excitement sets in and you can’t wait to close. But there are some important things that need to take place before that day, namely a home inspection. You cannot see all a home’s issues from a walk
Nov 27, 2019 | Purchasing a Home
Fannie Mae and Freddie Mac Conventional Loan Limit Will Increase to $510,400 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie
Nov 26, 2019 | Conventional Loans Mortgage News
Refinancing is a word thrown around in the mortgage world and can be a very useful tool for homeowners. But there are plenty of misconceptions about what a mortgage refinance is and what it entails. By understanding the four most common myths about refina
Nov 13, 2019 | Refinancing a Home
Forgoing an Agent Some homebuyers think they can navigate the buying waters alone, but as complex as the real estate market is today, that strategy is risky. One of your first steps should be to find a trusted real estate professional who will repres
Nov 06, 2019 | First-time Homebuyers Mortgage Basics Purchasing a Home
Although overall U.S. mortgage application approvals are near record highs - just one in ten applicants is denied nationally - there are some places where it’s much harder to get a home loan. According to LendingTree, Miami ranked number one on the
Oct 25, 2019 | Mortgage News