Ask Your Local Lender
Many first-time – and experienced – buyers have lots of questions in the home buying process: What is the current interest rate? How do I lock one in? When is the best time to get a mortgage? We are happy to help you get these answered.
We invite you to ask a local lender. We will post the questions and the local lender’s replies right here. You can remain anonymous or enter your information (we will never share it) so we or the lender can get in touch with you.
No question is too small. If you are wondering it, undoubtedly others are as well. So ask us!
Conforming Loan Limit Increase
The conforming loan limit will increase to $510,400 in 2020! This is a significant increase from the existing $484,350 limit. Keep this in mind when structuring the purchase of your new home. There are often opportunities for lower rates, as well as lower down-payment...
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Increased buying power for buyers looking to retain their current primary residence as an investment property!
Buyers with no previous investment property experience are now able to use a portion of rental income to offset liabilities, if they seek to turn their departure residence into an investment property. Previously, Fannie & Freddie required 2 years documented...