Entries by sstorace

Mortgage Loan Limits for 2019

Big news! The Federal Housing Finance Agency (FHFA) just announced their 2019 loan limits. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018. According to FHFA’s Home Price Index, home prices rose 6.9 percent, on average, between the third quarters of […]

Mortgage Loan Limits for 2019

Big news! The Federal Housing Finance Agency (FHFA) just announced their 2019 loan limits. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018. According to FHFA’s Home Price Index, home prices rose 6.9 percent, on average, between the third quarters of […]

100% Conventional Home Financing?

100% conventional financing on a property? Sounds too good to be true, right? Until recently it actually wasn’t a legitimate option. 100% home financing was only available if you were purchasing a home in a qualifying rural area or a U. S. Veteran. Now we have an option for 100% conventional financing. Going outside the box for […]

Equity Share Home Loan Program

Are you struggling to hit your desired down payment? Is down payment keeping you out of the right home for your family? Are you worried about mortgage insurance? Is a small amount meaning the difference between your dream home and not-quite-what-you-want home? A Different Approach Imagine someone offering to double your down payment. Imagine being able to […]

Equity Share Home Loan Program

Are you struggling to hit your desired down payment? Is down payment keeping you out of the right home for your family? Are you worried about mortgage insurance? Is a small amount meaning the difference between your dream home and not-quite-what-you-want home? Imagine someone offering to double your down payment. Imagine being able to purchase a home […]

Federal Housing Finance Agency Ruled Unconstitutional

Who or what are the FHFA and why do they matter? The Federal Housing Finance Agency was formed in 2008. In technical terms it was tasked with overseeing the Federal Housing Finance Board (FHFB) and the Office of Federal Housing Enterprise Oversight (OFHEO). Both of those organizations are now dissolved and in a nut shell, […]