Home loan

The 3 Big things you need to know about FHA

FHA (US Federal Housing Administration) has mortgage insurance no matter how much you put down. A lot of people assume that, since with a conventional loan if you put down twenty percent you don’t have mortgage insurance, so with FHA it must be the same. Wrong! FHA requires monthly mortgage insurance regardless of how much…

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2019 Loan Limits Going Up

Fannie Mae and Freddie Mac have increased conventional loan limits for 2019: Explained I am sure by now you have seen at least a few social media posts about loan limits going up. They basically say new loan limits for 2019. I am here to give you the full low down so next time you…

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How Much Mortgage Can I Afford?

You will need a basic calculator for this.  The one on your phone is totally fine. In a perfect world you would talk to a great, amazing mortgage originator upfront.  However, we all know that is not realistic and if you are like me you want to crunch the numbers first to get a rough…

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How long should it take to close a home loan?

I’ve been thinking a lot about the mortgage process.  I’m fortunate to work for a company where our CEO is constantly thinking about the same thing –  How can we make it better and faster and easier for our clients while still giving them solid advice and fantastic rates and loan options? When I personally…

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