FHA Loan Limits

FHA Loan Limits Raise in 2021

The Federal Housing Administration (FHA) recently announced its 2021 loan limits. Due to a steady increase in median home prices across the country, the FHA increased annual loan limits by 7.42%. This will be shown in a floor increase from $331,760 to $356,362 for single-family home loans and a ceiling increase from $765,600 to $822,375. The 2021 national low-cost area mortgage[...]

Caliber Home Loans Offers Support to Veterans

[youtube https://www.youtube.com/watch?v=hnqVg7Ie970] Caliber Home Loans is always looking to help out homebuyers and put them into the right home for them. Securing a loan is a crucial step in the home buying process, and veterans are one group that may face greater difficulty in getting the loan they need. However, as our motto says, “Let us guide you home,” Caliber Home Loans[...]

Should I Pay Discounts Points on My Mortgage?

[youtube https://www.youtube.com/watch?v=RcwY3FqS_RE&color2=FBE9EC&version=3] Academy Mortgage is continuing to answer the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. For this week, Gina Spearman answers the popular question. “Should I pay discount points?” Choosing to decide whether or not you want to pay discount points depends on several factors. Discount points are an additional fee that you[...]

KM Homes Offers Three Preferred Lenders Giving a Variety of Loan Options to Homebuyers

KM Homes is proud to help homebuyers from all walks of life realize their dreams of homeownership. Because of the wide range of financial needs our customers have, we now offer options from three different preferred lenders- LoanSouth Mortgage, Fidelity Bank, and SunTrust Mortgage. With the services from these companies, KM Homes can make buying your dream home a simple[...]