The long-awaited FHA loan amount news broke late last week.The FHA Loan Limits are set to lower as of January 1, 2014. The change is for all case numbers assigned during the 2014 calendar year. The high cost market maximum declines from $729,750 to $625,500.
- Do 46 Million Millennials Know They Are Mortgage Ready?Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they […]
- 20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC]Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for market and […]
- What Credit Score Do You Need To Buy A House?There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a FICO® Score between 740 and 800. Here is […]
- Do 46 Million Millennials Know They Are Mortgage Ready?