The Federal Housing Finance Agency which oversees loans bought by Fannie Mae and Freddie Mac announced to change to the conforming loan limit last week. Here’s what the change means for you… Every year the Federal Housing Finance Agency releases its loan limits for the next year. Over the last 4 years, the agency has…
When it comes to purchasing or refinancing a house one of the factors that can play a role in your ability to secure financing is your credit score, your property type and the purpose of what you’re desiring to secure that mortgage for. Here are some things to consider if you fall into one of…
If you’ve been waiting to pull the trigger on a new house purchase or a refinance and you’re waiting for an interest rate you may get your wish over the course of the next couple of weeks. That said that’s not without some potential risk you otherwise might incur by waiting for what may or…
Homeowners who have outgrown their houses may be considering the possibility of buying another property or just staying put and remodeling the one they already have. Here are some things to consider if you’re trying to determine what makes the most financial sense… When you buy your first home you might not be thinking about…
Buying a home means the careful planning of your finances and making sure it’s really something that you can support? One of the biggest challenges home buyers face is budgeting for a new mortgage payment. If you’re going to be buying a house here are the things you might want to consider as it relates…
HR 299 is a new VA Bill recently signed by the president that makes some big changes to VA financing. If you’re thinking about buying a house and you’re an eligible VA mortgage applicant. Here are some things you ought to consider.. VA financing allows you to purchase a house with no money down. Presently…
Credit is one of the biggest parameters of a lender’s decision to grant you a loan approval or not. There’s a lot of misconceptions out there floating around the internet about what you can and can’t do with the type of credit that you have. Here’s some things to consider if you’re worried about your…
The internet is full of information about purchasing or refinancing a house. Some of it tangible some of it not worth the paper it’s written on. Here are seven of the most common misconceptions with regards to getting a mortgage… Pulling credit for a mortgage automatically tanks your credit score. The reality of it is…