mortgages

The Ins and Outs of Jumbo Mortgages

The rising property values in several parts of the US have many home buyers turning to jumbo loans to finance them. But what exactly is a jumbo mortgage? A jumbo mortgage is a type of mortgage that ranges anywhere between $453,100 to $679,650 (as of 2018), which exceeds the conventional conforming loan limits set by [...]

By |2018-10-26T15:04:57+00:00October 26th, 2018|Categories: Mortgage|Tags: , , |

How Do Mortgages Work? Understanding the Basics of Mortgages

Most people would love to own a home, but the reality is that a majority of us simply can’t pay for a home with cold hard cash. In fact, for many people, even saving up the funds for a down payment is a hefty burden in and of itself. To make it possible for people [...]

By |2018-08-28T15:51:18+00:00August 31st, 2018|Categories: Mortgage, Purchase|Tags: , , , , , , |

The Different Mortgage Types for Homebuyers in 2018

It’s important to know about the many mortgage types prospective home buyers have to choose from before you hit the street this spring. Fixed-rate mortgages versus adjustable-rate mortgages, government-backed versus conventional loans—there are mortgage types to fit every situation. But, which is right for you? Here’s a handy list we think will help. Mortgage Types: [...]

By |2018-06-08T03:28:53+00:00February 12th, 2018|Categories: Mortgage|Tags: , |

2018 VA Home Loan and FHA Loan Limits

Over the past five years, housing prices in the U.S. have been rising about twice as fast as the historical average—mostly due to low inventory. So, it’s only natural that many (but not all) of the 2018 VA home loan limits and FHA loan limits are also higher than last year. The new rates—effective January [...]

By |2018-11-13T06:37:27+00:00December 15th, 2017|Categories: Mortgage, News|Tags: , , , , |

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