MCL has been doing a lot lately to help our clients through this tremulous housing market even with rates on the rise. Now, you will be able to lock in…
News
Mortgage Rates & Inflation; past, present and future! The silent killer is...
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…
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Mortgages for 1099 Income Earners
When it comes to mortgages and 1099 income earners we usually see challenges since after expenses the net proceeds are too little to qualify. There are alternative programs that allow…
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Condominium Questionnaire Enhancements
Condo Association questionnaire have been around for quite some time in the mortgage lending industry. This is because when you are financing a condo unit the lender needs to know…
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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…
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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…