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Category Archives: Non-conforming Loans

PACE Loans

FHA Will No Longer Finance Homes with PACE Loans

FHA Announces no more PACE Loans Pace Loans After the March 2017 updates on its PACE policy that modified: application of payments, pre-foreclosure sales (PFS) regulations, deed-in-lieu of foreclosure rules, conveyance of acquired properties, and imposed disclosure rules.  FHA recently announced that they will no longer insure new mortgages on homes with PACE and HERO loans in Nevada.  

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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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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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mortgage after bankruptcy

Mortgage after Bankruptcy: Options & Possibilities

Buying a House after Bankruptcy? Is It Possible? Mortgage After Bankruptcy The good news is that you can buy a house even after filing for bankruptcy.  In some cases immediately after dismissal.  Except that comes with higher rates. As you probably know there are 4 main types of bankruptcy cases and is important to distinguish

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