George Sankey's (geosank1) Blog

Same great people, different company... We recently made a switch from Paramount Mortgage Funding as brokers to Magellan Mortgage Group now Mortgage Bankers. We are pleased to inform that our clients will now see much quicker turn times then ever before also, maintaining our company motto of keep...

Conventional Mortgage Insurance Is no longer available on:Credit scores less than 575Credit scores less than 660 and LTV'S greater than 95%Non-Tradtional Credit and LTV'S greater than 95%EAI, EAII and EAIII loans with LTV'S greater than 95%Investment properties with credit scores less than 620 " ...

FHA News -  Senate Bill 2338 to increase FHA loan amounts - HUD supports the provisions of S. 2338 that authorize a permanent increase in FHA loan limits from $362,790 to $417,000 or 100 percent of the Federal Home Loan Mortgage Corporation (Freddie Mac) conforming loan limit in high-cost areas, ...