NEWS AND INFORMATION FOR HOME BUYERS


Our experts answer your important mortgage lending questions.

Conforming Loan Limits Increase in 2019 – What it Means for Homebuyers

December 14th, 2018|

For the third straight year, the Federal Housing Finance Agency (FHFA) – the HUD agency that regulates Fannie Mae and Freddie Mac – updated the conforming loan limits for every county in the United States.

FHA 203K Loans for Home Renovation

November 26th, 2018|

How do you finance home renovations? The FHA 203K loan is one way that eligible borrowers can finance repairs, renovations or upgrades on a home they are buying or refinancing. The FHA 203K loan gives

“More Supply, Less Demand” Means it’s a Buyer’s Market

October 8th, 2018|

Southern California home prices kept rising this summer, but sales fell as questions grow over whether the torrid housing market is finally cooling. Excerpted from Los Angeles Times  The median sales price in the six-county region

New Down Payment Assistance Program: Platinum Select

September 24th, 2018|Comments Off on New Down Payment Assistance Program: Platinum Select

There’s a new down payment assistance program, and it’s designed especially for homebuyers employed in service

VA Loans and Mortgage Insurance

July 15th, 2018|Comments Off on VA Loans and Mortgage Insurance

It's true: Veterans who purchase a home with a VA loan are not required to carry

What is a Non-QM Mortgage?

June 6th, 2018|Comments Off on What is a Non-QM Mortgage?

Non-qualified mortgages (often referred to as non-QM loans) are products are designed to potentially accommodate specific

GSFA Platinum Program: New Income Limits

February 12th, 2018|Comments Off on GSFA Platinum Program: New Income Limits

Effective immediately, the income limits for the GSFA Platinum program have been updated. The GSFA Platinum gift

2018 Home Loan Limits: Changes for the New Year

January 2nd, 2018|Comments Off on 2018 Home Loan Limits: Changes for the New Year

As is often the case, the new year means new loan limits for home loan borrowers.

HUD Announcement: FHA to Stop Insuring PACE (HERO) Loans

December 26th, 2017|Comments Off on HUD Announcement: FHA to Stop Insuring PACE (HERO) Loans

On December 7, 2017, the Department of Housing and Urban Development (HUD) announced that the Federal