Month: September 2020

When do you need to obtain a Jumbo loan? Currently the FHFA or Federal Housing Finance Agency has the current loan limits throughout most of the US (LOAN LIMITS) capped at $510,400.00. There are some areas designated as “high cost” areas and those location have higher loan limits however most of the US are all in…

Did you know that you can buy a home and include the cost to replace all the windows of that home into your home purchase loan? This loan type is called a renovation loan. There are various versions of this loan type that can accommodate many different home buyers and home values. FHA offers the…

Why has Covid-19 changed lending? Since we have began this pandemic there have been millions of people who have become unemployed.  When you are applying for any loan the ability to repay that loan is a critical component to the approval.  So the process that we use to verify both W2 employed borrowers and self-employed…