After looking at what has happened in the real estate market and lending rates anyone can have a ‘head full of stump water’. I say this because historically, rates and…
Category: Mortgage Loan Originator
New FHA and Conventional Mortgage Limits for 2022
FHA Loan Limits MCL will accept the new loan limits on government products effective January 1, 2022. See each section below for specific requirements by product type.Miami Dade, Broward and…
Powell: Housing Market is not Crashing
Federal Reserve Chairman Jerome Powell said that the central bank is closely monitoring surging home prices that could make it more difficult for entry-level borrowers to obtain mortgage loans. Further…
2-4 Units Update from Freddie Mac
Freddie Mac has reduced LTVs for 2-4 units on the Home Possible to 85% (CLTV remains at 95%)
2021 FHA Mortgage Limits for Florida
ITS A GREAT TIME TO START LOOKING FOR A HOME!FHA MORTGAGE LIMITS FOR FLORIDA HAVE BEEN RAISEDRATES ARE AT A N ALL TIME LOW AND THE INCREASE ON PROGRAM LIMITS…
2021 HECM Mortgage Limits for Florida by County
ITS A GREAT TIME TO GET A REVERSE MORTGAGE! HOME EQUITY CONVERSION MORTGAGE (HECM) MORTGAGE LIMITS FOR FLORIDA HAVE BEEN RAISED. A HECM IS A TYPE OF REVERSE MORTGAGE THAT…