Mortgage Industry News
FHA Condo Approval Update Makes Owning a Condo Much Easier!
In recent years, condos and FHA have not mixed well. If you mentioned getting a condominium complex FHA approved, everyone cringed. Honestly, the FHA condo...
September 16, 2019 Read More
VA Loan Refinance Rules Change Affects Veteran Homeowners Ability to...
Ginnie Mae announced that effective September 1, 2019, VA loan refinance loans for cash out will have new restrictions. Prior to 9/1/2019, homeowners could use...
September 11, 2019 Read More
FHA Cash Out Refinance Guidelines Are Changing September 1, 2019!
For many years, FHA has been a lending cornerstone for buying, building, or refinancing in America. FHA benefits seem endless, but one guideline is changing!...
August 7, 2019 Read More
VA Loan Benefits Law Passes Allowing Higher No Money Down...
Vietnam Veterans just received a huge win through the Blue Water Navy Vietnam Veterans Act. Originally, non-disabled Veteran home buyers would pay for new VA...
June 28, 2019 Read More
Mortgage Interest Rates Drop Surprises Experts & Gives Buyers a...
Every homeowner or prospective buyer has heard the experts on TV, mortgage lenders, and Realtors say for a while, “You better act now because interest...
April 12, 2019 Read More
2019 FHA Guideline Changes
Effective March 18, 2019, FHA guidelines have changed. The Federal Housing Administration (FHA) has announced new stricter underwriting guidelines for borrowers with lower credit scores...
March 19, 2019 Read More
3 Tax Transcript Solutions for Home Buyers in a Hurry
Buying a home comes with some head scratching processes for home buyers. Although once explained, they usually make sense. One of these include lenders asking...
February 22, 2019 Read More
Government Shutdown Effect on Buying a Home With a Mortgage
Unfortunately, a full or partial government shutdown impacts federal employees and many more. Additionally, the shutdown creates mortgage process delays for homeowners, buyers, and sellers....
December 28, 2018 Read More
New 2019 FHA Loan Limits Will Help Home Buyers
Rising home prices continue to put stress on housing affordability (higher home prices mean higher loan payments). As home prices rise, it puts stress on affordable...
December 17, 2018 Read More