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Tag Archives: conventional 97

  • conforming loan limits 2019

    2019 Conforming Loan Limit Increase & What It Means For You

    For the third year in a row, the Federal Housing Finance Agency (FHFA) has raised the conforming loan limits. Conforming, otherwise known as conventional mortgages, are underwritten to Fannie Mae or Freddie Mac guidelines. Each year FHFA considers adjusting limits to reflect the average home prices across the country. Because of increased home prices in [...] More  →
  • HomeReady Helps First Time Home Buyers With Low Down Payment

    First time home buyers are often faced with home ownership hurdles. These obstacles include down payment, student loan debt, credit scores, debt ratios, and affordability. Our Fannie Mae HomeReady mortgage helps buyers overcome and succeed as a new homeowner. Here is an interesting fact stated by Fannie Mae: “Nearly half (48.9%) of all single-family owner-occupied home …

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  • First Time Home Buyer Loans Bring Affordable Living to North Carolina Residents

    Buying a first home is a significant life milestone, and we recognize the importance. It can be very exciting, yet nerve-wracking. Our goal is to share first time home buyer NC mortgage loan options and explain why an up-front mortgage pre approval is key. North Carolina is one of the most unique states for the [...] More  →
  • conventional loan

    Conventional Loan Options Provide the Most Ways to Buy a Home

    Looking to buy a home? Let me count the ways! A primary residence, second home, rental property, condo, townhome, low down payment, self-employed, commission income, and the list goes on. A conventional loan offers solutions to each of these and more. Basically, conventional loans are loans that conform to Fannie Mae and Freddie Mac guidelines. [...] More  →