Tag Archives: home possible

  • Top 5 Perks for Home Buyers With a Good Credit Score

    What is a good credit score? If you didn't know already, when it comes to credit everyone has a number. This number is known as a credit score. So, you need to make sure your score is as high as possible. Generally, credit bureau scores range from 300 - 850. Thus, the elusive 850 is [...] More  →
  • 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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  • 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  →