Fannie Mae and Freddie Mac Conventional Loan Limit Will Increase to $510,400 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Fredd
Nov 26, 2019 | Conventional Loans Mortgage News
Freddie Mac has announced the creation of a new home renovation loan program called the CHOICERenovation Mortgage. This product is replacing Freddie Mac’s previous Renovation Mortgage and is very similar to Fannie Mae’s HomeStyle Renovation an
Aug 28, 2019 | Refinancing a Home Conventional Loans
Private mortgage insurance (PMI) is typically required by mortgage lenders when borrowers contribute less than 20% of the home’s value as a down payment. This insurance protects the lender, not the homebuyer. If the loan borrower defaults on the mor
Jun 12, 2019 | Conventional Loans
Are there ways to get a mortgage loan without making a down payment? While the options are not as plentiful as they used to be, there are still at least four government-backed programs that allow borrowers to buy a home with no down payment. Over a dec
May 22, 2019 | VA Loans FHA Loans Conventional Loans Home Buying or Selling First-time Homebuyers
You have found your dream house but it will take significant work to make it a home. You do not have cash in savings to pay for both a down payment and the repair costs. Can you get a home loan in Utah when buying a fixer-upper? Not to worry - this is not
Feb 13, 2019 | Conventional Loans FHA Loans Purchasing a Home
If you have ever checked out the current status of mortgage interest rates, you may have seen the average points listed next to the rates. What are these mortgage points and how do they affect your interest rate? Points Defined Mortgage poin
Feb 06, 2019 | Home Buying or Selling Conventional Loans VA Loans FHA Loans Mortgage Basics Interest Rates
