Counties with an increase in the maximum conforming loan limit.
Sunday, May 10
http://www.fhfa.gov/DataTools/Downloads/Documents/...Counties with Increases in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac Loan Limit Increases: 2014-2015(Sorted by State and County Name)County NameStateMetropolitan Area2014 Loan Limit(One-Unit Properties)2015 Loan Limit(One-Un...
Min & Max Conventional Limits - VA & FHA & Fannie Mae & Freddie Mac
Saturday, May 09
Loan limits increase from a single family to a four plex. Minimum loan limits - You can go as low as $10,000 nationwideHere is a link to maximum loan limits for VA, FHA and Fannie Mae and Freddie Mac..... The maximum loan limit is county wide.FHA;FHA Look Up Mortgage LimitsConventional (Fannie Ma...
Derogatory Events & Waiting Period To Obtain A Mortgage.
Friday, May 08
Here are some General Guidelines for Derogatory Events and Waiting Periods. Every lender has their own guidelines and overlay. Please always seek the advice of your lender.Bankruptcy - Chapter 7 or 11- from discharge date to applicationVA Loans - 2 years FHA - 2 years Conventional - 4 yearsBankr...
Financing Your Owner Occupied Investment With A VA Loan
Thursday, May 07
For VA home loan purposes, a veteran is a person who has served or is currently serving on active duty in the United States Military or Coast Guard and who was discharged or released from active duty under conditions other than dishonorable. Un-remarried surviving spouses of an eligible service m...
Ideas On Financing Your Next Flip...
Wednesday, May 06
Funding a flip can be difficult with conventional financing. Here are a few ideas on funding.... Hard money or private money ..... You can than do a cash out refinance after 6 months based on after repair value. You can do this for mortgaged properties 1-6. Do you have equity in your primary or a...
House Hacking With An FHA Mortgage - FHA Financing
Sunday, April 26
FHA Standard Loan Amounts- Maximum loan amount as determined by FHA (Conforming Loan Limits depending on location and number of units - below)- Each county has its own individual area ceiling limit, and can be found here;FHA Loan LimitsHouse Hacking With An FHA Mortgage - FHA Financing;No Maximum...