Featured Story


Are Conforming Loan Limits Higher for Multi-Family Properties?

Any discussion regarding “conforming loan limits” should include an explanation as to what they are. Conforming loan limits are the guidelines that were established to determine the reasonable and allowable size of a loan. Those loan limits apply directly to the average prices for residential properties within a given geographic area. Currently, the majority of U.S. counties … [Read More...]

Featured Story

Hammer and Tools

What is a 203(k) Streamlined Loan?

Sometimes all a house needs is some simple TLC to make it a home – but it’s not always easy for buyers to come up with the extra cash for repairs, even if it’s a fairly minor project.  That’s where an … [Read More...]

Featured Story


Deciding Whether or Not to Pay Points on a Mortgage

When a homebuyer pays for “points”, he or she is paying a portion of the loan’s interest up front. Points are paid for in a lump sum that will reduce the interest rate on a fixed mortgage. Each … [Read More...]

More Good Stuff


Portfolio Mortgage Loans

Soon after closing many loans are packaged together with others with similar characteristics and sold on the secondary market. The lender that made the loan may still handle the day to day management or "servicing" of the loan, but they transfer the ownership … [Read More...]

yellow house

Is An Adjustable Rate Mortgage Right for You?

As prospective homebuyers weigh their financial pros and cons, the subject of adjustable rate mortgages will likely come up. Known as ARMs, they have interest rates that vary, unlike traditional fixed-rate mortgages. With an ARM, the interest rate begins … [Read More...]

Cash Binoculars

Calculating Your Home Equity

Knowing the amount of equity you have in your home can be beneficial, especially if you're thinking of applying for a mortgage refinance. Calculating your home equity is fairly easy to do. You simply take the current market value of your home and subtract … [Read More...]