Loan Level Pricing Adjustments & Credit Bank Changes- What You Need To Know

On May 1, Fannie Mae and Freddie Mac made changes to loan-level pricing adjustments (LLPAs) that have been applied to conventional loans since the Great Recession. Most conventional mortgages that lenders want to sell to Fannie and Freddie will now be subject to the new fees. The fees don’t apply to first-time homebuyers with qualifying income that’s […]

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New measures that cut the cost of FHA mortgage loans roll out in March

The reduction could save 850,000 homebuyers and homeowners who have Federal Housing Administration loans an average of $800 this year. A For Sale sign in front of a home Wednesday in Miami. Joe Raedle / Getty Images ARTICLE FROM: NBCNEWS The Biden administration has announced new measures it says could help make buying and owning a home […]

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JUST LISTED: SOUTH PARK OPPORTUNITY!

1820 29th Street, South Park 3 + 2 Optional BR, 2.5BA  I  2,208 ESF  Offered at $1,300,000 SUPER SOUTH PARK OPPORTUNITY! Transform this large two-story property into a dream home or perhaps income producing units. Please review the floor plan in the documents section to get a feel for the flexible layout. The upper level (interior photos) […]

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Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged […]

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