This section explores the complicated world of home mortgages and all the important things to know as a consumer.
An open-end mortgage is a unique mortgage that gives extends additional flexibility to the borrower. It’s a mortgage product that is important to understand if you are considering getting one. It has unique features similar to that of a revolving …
What is an Open-End Mortgage? [ Working Dynamics and FAQ’s ] Read More »
If you’re in the process of purchasing a home you will most likely hear about basis points in mortgages at one point or another through the loan process. It’s an important part of your mortgage to understand because it impacts …
Basis Points in Mortgages (BPS) – [ Calculations, Impact, and Examples] Read More »
Despite the mortgage industry being one of the most regulated industries in finance, there’s still a good share of mortgage brokers who can rip off unsuspecting and uninformed consumers. As such, it’s important to get educated on the secret ways …
Michigan is a great state to live in and enjoy the Midwest lifestyle. It’s a great place to do business, start a family, and enjoy everything that the great outdoors has to offer. The housing market in Michigan is unique …
FHA Loan Limits Michigan 2022 – FHA Loan Limits By County and Home Type Read More »
In 2022, the FHA loan limits in Connecticut for a single-unit property range from $420,680 in lower price counties to $695,750 in higher-priced counties. Overall the range in FHA loan limits is fairly tight in Connecticut. Counties with higher living expenses tend to …
FHA Loan Limits Connecticut 2022 | FHA Loan Limits by County and Home Type Read More »
VA loans are one of the primary home financing options for veterans and military borrowers. They can provide some financing benefits and advantageous for veterans and military borrowers over other traditional financing options. However, it’s important to have a solid …
Pros and Cons of VA Loans – [Info for Veteran Borrowers] Read More »
In 2022, the FHA loan limits in South Carolina for a single-unit property range from $420,680 in lower price counties to $473,800 in higher-priced counties. Overall the range in FHA loan limits is fairly tight in South Carolina. Counties with higher living expenses …
FHA Loan Limits South Carolina 2022 |Limits by County and Home Type Read More »
In 2022, the FHA loan limits in California for a single-unit property range from $420,680 in lower price counties to $970,800 in higher-priced counties. Counties with lower FHA loan limits include Modoc, Lassen, Siskiyou, Trinity, and others. In California, roughly 40% of the …
FHA Loan Limits California 2022 | Limits By County and Home Type Read More »
In 2022, the FHA loan limits in Massachusetts range from $420,680 in lower price counties to $970,800 in higher-priced counties. Counties with lower FHA loan limits include Berkshire, Hampshire, Franklin, and Hampden. Higher FHA loan limit counties include Nantucket, Dukes, and Essex. …
FHA Loan Limits Massachusetts 2022 | Loan Limits By County and Home Type Read More »
Florida is one of the most sought-after states for retirement, having a vacation home, and a top destination for tourists and snowbirds. With warm weather year-round and plenty of coastal towns for easygoing living, Florida is one of the most …
FHA Loan Limits Florida 2022 | Loan Limits by County and Home Type Read More »
