Fannie Mae, Freddie Mac Loan Limit Increases to more than $510,000 In a recent news release, the Federal Housing Finance Agency announced an increase in the maximum conforming loan limit by nearly $100,000 since 2016! Starting January 1, 2020, the conventional loan limits for Fannie Mae and Freddie Mac will be more than $510,000, an […]
Loan Limit Increase for Conventional Loans Read More »
In a recent news release, the Federal Housing Finance Agency announced an increase on the maximum conforming loan limit by nearly $100,000 since 2016. Starting January 2020, the conforming loan limits for Federal National Mortgage Association (aka Fannie Mae) and the Federal Home Loan Mortgage Corporation (Colloquially known as Freddie Mac) will be more than
Breaking News!! FHFA Announces Maximum Conforming Loan Limits for 2020 Read More »
So, you have applied for mortgage pre approval, and the loans manager considered you for pre mortgage loans with low down payment. This feels exciting. Right? Caution! Don’t celebrate yet! First, take a step back to understand what it really means. Note that home mortgage borrowers regret later, after applying for a loan without a
Warning! Are You Being Cheated While Getting a Mortgage Loan with a Low Down Payment? Read More »
Whether you’re looking to build a new home or refinance your existing one, you’re going to come across lots of different loan types in the process. The one I’d like to recommend is a conventional loan. You can even get a Conventional Loan right here in St. George, at Sun American Mortgage! You’re probably wondering
8 Reasons Why You Should Choose a Conventional Home Mortgage (#2 is our FAVORITE) Read More »
Saving enough money to afford a high down payment for a home purchase can take a long time. Luckily there is an option of mortgage loans with a low down payment, to no down payment. The typical required 20% down payment is outdated. New homebuyers have been taking the low down payment loans and the
Low Down Payment Options: What We Learned After Analyzing TONS of Mortgage Loans! Read More »
Started in the year 1984, Sun American has grown to become the top rated mortgage lender AZ. Throughout the journey, Sun American has enabled thousands of homebuyers find their dream homes. This is through ensuring easy access to home loans, with different options available to the borrowers. If you are searching for Mesa home loans,
10 Reasons Why You Should Choose Sun American as your Home Loan Provider Read More »
If you are looking for a home mortgage with a low down payment, an FHA loan is a great option. The FHA has been helping buyers who don’t have the traditional 20% down payment saved, qualify for a mortgage. FHA borrowers pay mortgage insurance premiums until the loan is fully repaid. This is the compromise
THE ULTIMATE GUIDE TO BUYING A HOME WITH AN FHA LOAN! Read More »
Have you been considering refinancing your home for say, a lower interest rate…or maybe you’ve had your eye on that one white kitchen from Pinterest for way too long but need more cash to properly renovate it. 🛠👀 Whatever the case may be, you’ll want to check this blog out to see if a refinance
When Refinancing Your Home is Absolutely Worth it and When it’s NOT! Read More »
If you live in the United States, you are aware of the rising cost of medical care, living expenses and increasing limitations on social security. Unfortunately, many people reach their retirement age without enough money to fund their retirement years. Back in the days, if you borrowed money using your home, you had to pay
Warning! Don’t Get a Reverse Mortgage Until You Read This! Read More »
The greatest worry among seniors is how they can live a more financially care free lifestyle, despite the not earning enough money on a monthly basis. On the other hand, we see mortgage lenders calling on seniors to access the equity in their homes through a reverse mortgage. The promise is that reverse mortgages will
Secrets revealed in the Reverse Mortgage that will shock you Read More »
