FHA loans are well known for helping buyers obtain a very affordable house payment. Well FHA, one of the most popular loan programs, just became even cheaper because HUD lowered FHA PMI rates for the 2nd time in 2 years. The Federal Housing Administration will... Read More
There are so many reasons NOT to be a Cash Buyer Becoming a cash buyer is not easy and usually takes dedication over time. So it usually doesn’t happen overnight. Therefore, don’t put on the blinders and only consider paying all of that hard earned i... Read More
FHA PMI or MIP has been in the news in big ways over the last 3 years. There have been enhancements which helps buyers achieve home ownership easier. Plus the payments are more affordable. Recent Changes in FHA Costs The Federal Housing Administration decided in ... Read More
During tax season, refunds help so many become homeowners! Down payment is one of the biggest obstacles for prospective first time buyers to purchase a home. But during tax season, many tax payers have more funds than any other time of year. So there is no ... Read More
You love your family, but do you want to live with them forever? Over the years, often because of the previous downturn in the economy, many younger adults have moved back into or never moved from the parents house. Getting out of the parents house can be d... Read More
We continue to hear threats of axing the mortgage interest and PMI tax deductions. So what is the latest? Low to Middle level taxpayers take their tax deductions seriously and want everything possible that will lower their tax burden or better yet, increase their ... Read More
The Federal Housing Administration has announced the FHA loan size limits for 2017 in all areas of each state. The most popular level is for single family residences. Most of the NC FHA loan size limits increased from $271,050 to $275,650. But there are seve... Read More
The Federal Housing Administration or FHA, announced the 2017 SC FHA loan size limits in all areas of each state. Most of the SC FHA loan size limits increased from $271,050 to $275,650. But there are some counties which have higher limits. So make sure tha... Read More
Check out this success story and it is a little known advantage for licensed Real Estate Agents. Actually a Realtor commission may be used as down payment for the purchase of their own home. Although normally lenders are required to prove down payment in t... Read More
2016 Fannie and Freddie loan size limits announcement The Federal Housing Finance Agency (FHFA) announced that the maximum conforming loan size limits for 2016 Fannie Mae and Freddie Mac loans will stay the same as 2015 except for increases in 39 high cost c... Read More
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- 2018 FHA Loan Limits Increases Homeownership Opportunities for BuyersDecember 8, 2017 - 11:37 am
After the recent announcement of the conforming loan limits increase, FHA has now announced their own increase. Housing prices have continued to climb which is a good thing to owners, but can be a struggle for home buyers. As a buyer sits on the sidelines as a renter or living with family, prices are rising. […]
- 6 Reasons to Get Your Certificate of Eligibility Before BuyingDecember 8, 2017 - 6:30 am
In order to get a VA loan, it is important to make sure that the Veteran is first eligible for VA. Often, we are able to get the VA Certificate of Eligibility for the Veteran within a couple minutes online. But, there are times that this information is not available online. Therefore a Veteran has a […]
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