Recently, the Federal Housing Finance Agency announced changes to the conforming loan limits for 2022. And they are increasing 18% from 2021, the largest yearly increase on record. The new loan limit for conforming loans, which can be bought by Fannie Mae
Mar 02, 2022 |
The time of year is often a time for decluttering and organizing the home for a fresh start. As you sort through your file cabinet and see how much room all your mortgage documents take up, you may wonder how long you need to hold on to all that paperwork
Feb 23, 2022 |
When you bought your home, you (hopefully) qualified for a mortgage that you could afford and if you stay on top of it monthly, you’ll own your home free and clear in 30 years (or less, depending on your loan terms.) Making extra payments may not even hav
Feb 16, 2022 | Refinancing a Home
When you’re at the point in your home buying journey and are reviewing different mortgage loan options, the type of interest rate will play a big part in your final decision. Mortgage loans come in fixed and variable interest rate types. What is an I
Feb 15, 2022 |
The standard home buying process follows this formula: you find the right property, you go under contract to buy it, you get approved for a mortgage loan, the lender lends you enough money to buy the home, you sign papers, and you move into your new house
Feb 09, 2022 | Purchasing a Home
When you apply for a home mortgage, lenders will check your credit score, income, assets, and debt. All of this will get factored into an algorithm to figure out if you are credit-worthy enough to be granted a loan. Most of the standards used by lenders a
Feb 02, 2022 | Purchasing a Home
Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - apply today to begin.