ARCHIVED BLOG POSTS
2017
When it comes to obtaining a home loan, the process can often times be daunting and confusing, even for someone who has gone through the process before. In recent years, the U.S. Government has done a good job in recent years in continuing to push forward legislation to protect consumers, but th...
01/25/2017
Did you know that you can obtain a conventional home loan, without a standard form of income? You can, but of course there is a catch.If someone has a large sum of assets, they may use those assets as income. Through Freddie Mac’s asset depletion program, you can use 70% of the balance of an asse...
01/25/2017
HUD, the agency that oversees the FHA Home Loan program recently announced a reduction to the annual mortgage insurance premiums associated with most FHA loans.Now, that cut has been suspended indefinitely, following the change in presidential administrations, in order to more closely review the ...
01/20/2017
This year, we received changes to both the Conventional and FHA loan limits locally here in Arizona, after both of those numbers stayed constant in 2016. For a number of years, the conventional loan limit for Fannie Mae and Freddie Mac backed conventional mortgages was $417,000. Howeve...
01/09/2017
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HUD, the agency that oversees the FHA Home Loan program recently announced a reduction to the annual mortgage insurance premiums associated with most FHA loans. The changes reduce the annual mortgage insurance premium, which is paid on a monthly basis as part of one’s FHA loan by .25% ...
01/09/2017
Rainmaker
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