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…
Category: Realtor
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…
2021 Conforming / Conventional Loan Limits for Florida by County
ITS A GREAT TIME TO START LOOKING FOR A HOME! CONVENTIONAL / CONFORMING MORTGAGE LIMITS FOR FLORIDA HAVE BEEN RAISEDRATES ARE AT A N ALL TIME LOW AND THE INCREASE…
DACA BORROWERS ELIGIBLE FOR FHA
Today, in FHA Info 21-04, HUD announced that effective January 19, 2021, the Federal Housing Administration (FHA) is permitting individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA)…