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 loan …Read More
FHA Home Loan News, Tips & Information
FHA Mortgage Lenders, Pre Approval Tallahassee
FHA mortgage loans are a great choice for Tallahassee first-time home buyers. In this article, we will talk briefly about what FHA does, and the benefits of the FHA mortgage program. First and foremost, FHA does not actually lend people money directly; they only insure the loan with approved lenders …Read More
Florida Hometown Heroes Mortgage Qualifying Guide
The newly revised Florida Hometown Heroes housing mortgage is making homeownership easier for first-time buyers and now even more Florida residents are included. Governor DeSantis recently announced the rollout of the Hometown Heroes Program, which helps in-state workers purchase their first home. The big change as of July 2023 is …Read More
Higher Conforming Loan Limits For 2024
It’s an annual tradition that happens in the fourth quarter of each and every year. Well, maybe not a tradition in the sense of a holiday but the mortgage industry certainly takes notice. What is this event? Back in 2008 as part of the Home Equity Recovery Act, or HERA, …Read More
2024 FHA Loan Limits Announced – Increase For Most
Some good news from the Federal Housing Administration (FHA) today as they announced the new 2024 FHA loan limits. Most of the nation will see an increase, according to a new letter from HUD. FHA calculated 2024’s forward mortgage limits based on the median home prices in accordance with the …Read More
Dallas Jumbo Home Loans With Min Down Payment
Financing a luxury home in Dallas usually meant coming up with a relatively large down payment. Some buyers don’t like to pull out such a large amount from their investment portfolio and tie up those funds in a real estate transaction. In Texas, mortgage loans that are greater than $766,550 …Read More
Homebuyer’s Guide to Jumbo Mortgages in Columbus Ohio
When it comes to home mortgages, there are a variety of options available to Columbus buyers today. One type of mortgage that has gained popularity in recent years is the Jumbo loan. Often used by those buying or refinancing a high-priced property, jumbo mortgages can offer low down payments and …Read More
FHA Loan Requirements for Austin, TX and Travis County
FHA loans were first introduced into the mortgage lending marketplace back in 1934 in an attempt to establish standard guidelines banks could follow that also came with a government-backed guarantee. Prior to this introduction, lending guidelines were essentially all over the map and many potential homeowners were left out of …Read More
Low Down Payment Mortgage Options North Carolina
Homebuyers purchasing a new home in North Carolina typically use the proceeds from the sale of their current home as part or all of their down payment. But if you are a first-time home buyer? In this case, you will need to think about your down payment and closing costs. …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