As we get closer to the new year, one thing we always want to take a look at is conforming loan limits. Every year since 2016, the Federal Housing Finance Agency (FHFA) has raised the maximum conforming loan limits on Fannie Mae and Freddie Mac backed mortgage loans. Record Highs Continue Reading →
Technology has evolved how almost all business is done in today’s economy. Yet, the mortgage industry has been a bit slower to evolve than most other industries. It still requires a lot of paper pushing with so many documents to print, sign and notarize between all the parties involved. It Continue Reading →
The Trump administration has been working to move the government’s mortgage finance companies, Fannie Mae and Freddie Mac, back into privatized companies. This move should ultimately have a major impact in the U.S. housing industry. Changes Announced The announcement was made official Monday by the Treasury Department and the companies’ Continue Reading →
Did you know that there is a way to have the financial benefits of owning a second property while still having it considered “owner occupied?” It can be done if the house is lived in by your parents or a disabled child. Call it loophole or whatever you want, but Continue Reading →
Legal cannabis is a multi-billion dollar industry and it is only growing here in California with collectives and dispensaries everywhere you look. Unfortunately, many people working in the marijuana field have had trouble getting approved for home loans. Many lenders are still hesitant to offer financing. In many ways, it Continue Reading →
