Mortgage Industry News
2020 FHA Loan Limit Announcement Helps More Buyers Afford a...
The new 2020 FHA loan limits have been announced. Once again, the limits have increased for 1 – 4 unit residences. The FHA loan limits...
December 9, 2019 Read More
Are You Due a VA Funding Fee Refund? You Need...
Except for exempt VA borrowers, every other VA loan borrower is charged a VA funding fee. But, the Department of Veteran Affairs has been working...
October 25, 2019 Read More
You Need to Know the VA Funding Fee Chart Changes...
Getting a VA loan may be the best way to purchase, refinance, or build a home. At least in cases where no down payment or...
September 24, 2019 Read More
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