FHA mortgage loans are a popular home financing choice for many first time home buyers in Georgia. The Georgia FHA mortgage program provides several benefits, keeping in mind the budget difficulties of many homeowners who are considering purchasing their first home. Compared to most traditional mortgage loans, the FHA mortgage …Read More
FHA Home Loan News, Tips & Information
Denver 95% Jumbo Financing Programs Revised
Some home buyers today require higher loan amounts just not offered through FHA or Conventional mortgage programs. Additionally, many of these buyers do not have the 20% down payment required by most lenders and banks on their jumbo loans. JMS is now proud to offer Colorado home buyers Jumbo financing …Read More
95% Jumbo Home Financing Las Vegas
95% Jumbo loans are back in Las Vegas. This is great for home buyers that need to borrower more than the conventional or FHA loan limits permit and have limited down payment. The current 2022 conventional loan limit in Nevada is $647,200. FHA is capped at $420,680 in Clark County. …Read More
Conforming and Jumbo Loan Limits Arizona 2022
Home loan limits at first glance may seem a bit confusing, especially for those preparing to buy their first home. In Arizona, whether the property is located in Phoenix, Scottsdale, Tempe, Flagstaff the current conforming loan limit for 2022 is $647,200. For amounts larger than $647,200, these loans are referred …Read More
Indiana First Time Buyer Program Recap
There are many mortgage options that allow Indiana homebuyers to purchase a home with little to NO down payment. Conventional mortgages have always required a 5% -20% down payment, which is fine for more seasoned home buyers, but out of reach for the average first-time buyers. Other options in today …Read More
Pittsburgh Reduced Down Payment Jumbo Loans
Jumbo mortgage options have recently expanded in Pittsburgh – Allegheny County over the last few years. The new programs today include low down payment financing structures with only 10% and 5% down for approved home buyers. In addition, the programs are not limited to only Jumbo purchase transactions, but also include rate-term …Read More
Financing Luxury Homes in Tampa (Updated)
Tampa, Florida is located in Hillsborough County and was originally a United States Army outpost named Fort Brooke. In fact, the original settlement spot was located right where the convention center is today. Tampa also boasts three major sports franchises, the Tampa Bay Buccaneers, NHL’s Tampa Bay Lightning and the …Read More
Reasons Why Millennials Should Purchase a Home
Millennials have officially taken over as the driving economic force today. As more and more baby boomers face retirement and are no longer in the workforce it’s the millennial who will wield the purchasing power. This age group ranging from 18 to 34 or so which also means their buying …Read More
2022 First Time Buyer Programs Florida
Mortgage interest rates have remained near all-time low levels and have continued to make home-buying more affordable. More Florida first-time buyers are seeing the advantages of buying a home and building equity versus renting. In this post below we look at the most popular 2022 first-time buyer programs in Florida …Read More
FHA or VA Loan the Better Choice For Mobile Ala Home buyers?
Mobile, Alabama, the county seat of Mobile County, is Alabama’s only saltwater port and the hub of its economic engine. The Port of Mobile was originally an important trading post between the French who colonized the region and the local Native Americans. Today, it’s the 12th largest port in all …Read More