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Category Archives: Home Loan – Mortgage

conforming loan limits

Conforming Loan Limits for 2019 Are Available Now

FHFA Announces Maximum Conforming Loan Limits for 2019 The Federal Housing Finance Agency (FHFA) has announced its new Conforming loan limits for 2019. During the announcement, FHFA increased their limits for the loans acquired by Freddie Mac and Fannie Mae. FHFA is increasing its loan limits for the third straight year in a row after

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HIgher Loan Limits

Higher Loan Limits in Clark County, Nevada

Higher Loan Limits in for Clark County, Nevada Higher Loan Limits New, higher loan limits in 2019.  This means more options for homebuyers in Clark County, Las Vegas, Nevada! The Federal Housing Finance Agency (FHFA) raises the 2019 maximum conforming loan limit for one-unit properties in most areas to $484,350. This reflects a $31,250 increase

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Loan Qualification

Alternative Income Sources for Loan Qualification

Types of Income Mortgage Lenders Will Consider Loan Qualification Your income or more precisely your debt to income ratio will influence your loan qualification. Therefore it is important to include all your qualified income in your loan application.  Not just income generated by your salary/wage.  Overlooking other forms of income may make the difference between getting the

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qualify for a mortgage

Qualify for a Mortgage by Using Retirement Income

Can You Use Your IRA to Qualify for a Mortgage? Qualify for a mortgage: Mortgage lenders qualify borrowers for a mortgage based on their credit scores, debt-to-income ratio, and assets. As a result, retired borrowers are facing difficulties when trying to get a loan due to their decrease in income. Qualifying for a Mortgage using your retirement

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investment property loans

Investment Property Loans

Program Guidelines Investment Property Loans All borrowers will have to sign a Business Purpose & Occupancy Statement before the funding to show that they declare that the property already is or will be for commercial use or for investment purposes only. All the loans, therefore, will undergo a thorough evaluation to determine the loans conform

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