New Doctor Loans Program! We are excited to announce our new Doctor Loans program! It is no secret that doctors take on a lot of student loan debt to pay for medical school. If you are one of these everyday superheroes, you may be experiencing difficulty achieving your dream of homeownership as a result. Have … Continue reading Announcing New Doctor Loans Program!
FHA mortgage loans are a very competitive loan program. An FHA loan is insured by the Federal Housing Administration: prospective borrowers with an FHA loan pay for mortgage insurance, which protects the lender if the borrow defaults a payment/loan. FHA loans are very popular because of their attractive interest rates and flexible qualification requirements. Because … Continue reading Featured Product of the Month: FHA Mortgage Loans
Inlanta Pewaukee FHA and VA increase loan limits for 2017 Last week, we announced the news that the FHFA increased conforming loan limits. As a result, the Federal Housing Administration (FHA) and Department of Veteran Affairs (VA) have also increased the limits for FHA loans and VA loans, respectively. FHA loan limits have increased from … Continue reading FHA and VA Increase Loan Limits for 2017
Inlanta Pewaukee Increase in Maximum Conforming Loan Limits The FHFA recently raised the conforming loan limit from $417,000 to $424,100, marking the first increase since the year 2006. Since the baseline is increasing, the ceiling will also be increasing from $625,500 to $636,150. The raise in loan limits will apply to loans that are backed by … Continue reading Increase in Maximum Conforming Loan Limits
With mortgage rates still low, now is a great time to buy! There are many different loan options out there today that make buying a home achievable, and it is important to understand your options throughout the home buying process. Continuing our discussion on government loans from last week (see our USDA Q&A with Inlanta … Continue reading All About FHA & VA Loan Programs