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: Reverse Mortgage
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…
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…
What you need to know about Homestead Exemption
State law allows Florida homeowners to claim up to a $50,000 Homestead Exemption on their primary residence. County links for your convenience: Miami-Dade County Broward County Monroe County Brevard County…
Mortgage Rates Drop, Hitting a Record Low for the Eighth Time this Year
The resilience of the housing market continues as mortgage rates hit another all-time low, giving potential buyers more purchasing power and strengthening demand. We expect rates to stay low and…
7 Smart Moving Tips
When it comes to moving, sometimes its smooth… but most of the time its a pain in the neck. Because you find out as you are packing that you have…