The Federal Housing Finance Agency announced on Tuesday, November 29th the new loan limits for 2023. The new conforming loan limit has increased and has been year over year 7 years in … [Read More…]
Why your income is your lifeline to finance a home
Getting mortgage loan financing requires you providing a blend of good cash, ample credit, and income to offset a proposed new expense i.e. a mortgage loan. You must have the right blend … [Read More…]
Can you get a mortgage with bad credit?
Many mortgage companies along with the internet would have you believe getting a mortgage with bad credit cannot happen. It is true the process will be more difficult and challenging, but it … [Read More…]
Why the purchase price should not be the single most important factor
When buying a home most would believe the number one most important thing you need to be focused on is what you pay for the house. Mom and dad who bought their … [Read More…]
How to remove private mortgage insurance
There is too much information circling around the internet, about how to remove mortgage insurance from your monthly mortgage payment. Unfortunately, it is not as simple as having 20% home equity either. … [Read More…]
Why you cannot opt out of title insurance when getting a mortgage
If you are like most consumers, you want to have a clear understanding of the fees associated with a mortgage. The closing process, lender fees, title fees, etc. This is so you … [Read More…]
The 2017 Mortgage Rate Environment
The mortgage industry has gone through some changes in the last three months. If you are looking to finance a home in 2017, it is important that you know what the opportunities … [Read More…]
Are we in a housing bubble?
As prices continue to climb many are wondering if there’s going to be a pop similar to the financial crisis. Here is the reality of mortgage and housing market… The financial crisis … [Read More…]