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Loan Max

New Loan Maximum For 2019?

Theresa Ballard Our BFF and the number one Compliance Guru (Strategic Compliance Partner) in the US of A just sent me this information. Maximum Loan Amount for 2019 – $484,350 Maximum for High-Cost Areas – $726, 525 Those Are Small Increases From 2018 If you want more information and the amount for other areas, go […]

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New Information For Borrowers and Home Owners

All Owners Borrowing On Their Personal Residence For “Consumer Purposes” Must Receive A Federal Booklet, “Your Home Loan Toolkit” It is an excellent source of information concerning loans. The booklet is available free at www.cfpb.gov. I Want To Discuss The Last Section In The Booklet Title: Owning Your Home, subtitles-Owning a home is exciting; your […]

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Follow Up To Loan Pre-Approval

I Discussed The Reasons For Getting Pre-Approved For A Loan Before You Start Shopping For A Home Does getting approved beforehand guarantee that you will get the loan you want. Again, quoting the National Assoc. of Realtors, “Being pre-approved is not a sure-fire way of obtaining a loan either”. Yes, after you get approved, many things could go […]

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