Conforming loan limits are set county by county. Borrowers who buy a home and finance it with a conforming loan amount (loans below $548,250) enjoy slightly lower interest rates compared to a jumbo loan amount. In all but one … [Read more...] about Conforming and Jumbo Loan Limit Florida
VA Loan News
How Long To Close VA Loan?
Home buyers often ask how long does it take to close on a VA loan? The VA loan closing process is really no different when compared to regular conventional loan or FHA mortgage. VA purchase loans take on average about 25-35 days … [Read more...] about How Long To Close VA Loan?
Common First Time Home Buyers Questions
First time home buyers are filled with questions. Many times, more questions come up after a previous one has been answered. Mortgage loan officers have heard these questions over the years and we’ve put together a list of … [Read more...] about Common First Time Home Buyers Questions
VA Streamline IRRRL and Cash Out Refinance Programs
Refinancing a VA loan is much like refinancing any other mortgage. However, VA loans do have a refinance option that conventional loans do not have. This option is referred to as a VA “streamline” and is a VA-to-VA refinance that … [Read more...] about VA Streamline IRRRL and Cash Out Refinance Programs
FHA Home Loans, Georgia Home Buyers
FHA home loans have become a leading choice for many first time home buyers in Georgia. The Georgia FHA mortgage offers several key benefits, keeping in mind the limited budget of many homeowners who are interested in buying their … [Read more...] about FHA Home Loans, Georgia Home Buyers
Cleveland 100 Percent VA Home Loan
The 100% VA home loan program is extremely popular with veterans not just here in Cleveland, Ohio/ Cuyahoga County but across the state of Ohio. In all, there are more than 20 million outstanding VA home loans in the United … [Read more...] about Cleveland 100 Percent VA Home Loan
VA Loans Austin Texas, Travis County
Back in 1944 the federal government put into motion what was then referred to as the Serviceman’s Readjustment Act of 1944 and what is referred to today as the G.I. Bill. This expansive program was developed to help soldiers … [Read more...] about VA Loans Austin Texas, Travis County
Arkansas VA Home Loan Guide
To encourage home ownership among returning service members from World War II, the U.S. government established a military loan guaranty program in 1944. Since then, the VA Loan program has helped place more than 20 million … [Read more...] about Arkansas VA Home Loan Guide
Low Down Payment Jumbo Washington State
Many home buyers in Washington state require higher loan amount just not offered through VA and FHA financing. Additionally, many of these buyers do not have the 10% or even 20% down payment required by most lenders and banks. … [Read more...] about Low Down Payment Jumbo Washington State
5% Down Jumbo Loan Texas
Texas home buyers in high-cost locations of Austin, San Antonio, Dallas, Houston, etc want to read about the new Jumbo financing mortgage options available in 2021. Below we will discuss the current Jumbo loan requirements and … [Read more...] about 5% Down Jumbo Loan Texas