Financing Your Million Dollar Seattle Home: Jumbo (Non-Conforming) Mortgages
Jumbo mortgages have been slowly returning since the "mortgage meltdown" and the pricing is becoming more competitive as...
read moreHow Much Do I Need for Down Payment to Buy a Home?
When you buy a home, most loans require a down payment. A “down payment” is the difference between the loan...
read moreWaiting for the Jumbo Shoe to Drop
The Government has reached out to home owners who have conforming or FHA financing. However if your mortgage is a jumbo (aka...
read moreCan I buy a $620,000 home with a low credit score?
This morning I received this email: My wife and I found a house we are in love with. I wanted to write and tell you our situation,...
read moreHow Will the New Jumbo Limits Impact You?
If you’re buying a home $520,000 or below over the next year, you won’t really be impacted by the reduced FHA Jumbo and...
read moreFHA Minimum Down Payment Increasing January 1, 2009
With the passage of HR 3221, the minimum required investment of a home buyer utilizing a FHA insured mortgage is increasing from...
read moreConforming/FHA Jumbo Limit to Decrease January 1, 2009
November 7, 2008 Update: FHFA has announced the new conforming jumbo loan limits for 2009 which are based on a lower median home price...
read moreHow Much Home Can You Buy with $17,550 Down
I’m taking a brief blogging break. This is a reprint from Rain City Guide. To read the original post and 100 plus...
read moreIs 5% Down Available for Homes Priced from up to $600,000?
EDITORS NOTE – August 30, 2009: Mortgage guidelines are constantly changing–please make sure to get updated...
read moreI Love Checking Out ARMs: Reviewing An Existing Mortgage
Recently a friend approached me confessing to having one of those "awful adjustable mortgages"…she thinks she needs to...
read moreFannie Mae Clarifies Conforming Jumbo Guideline for Refi’s
Great news! I just received a memo from Fannie Mae clarifying that they will now allow purchase money second mortgages to be...
read more? of the Day: Could you tell me when the increase in conforming loan limits will go into effect?
I was emailed this question today: Could you tell me when the increase in conforming loan limits will go into effect? Believe it or...
read moreIt All Adds Up: Conforming-Jumbo and FHA-Jumbo Rates
The long awaited much hyped and hoped for conforming jumbo and FHA jumbo loan limits are rates are now available. As I...
read moreNew Conforming Loan Limit Won’t Help Refi’s w/2nds…FHA May Save the Day
Fannie Mae’s underwriting guidelines for the temporary conforming loan limits have been released and it looks like the new loan...
read moreQuick 4-1-1 on Jumbo Loan-Conforming Loan Limit Increase
I’m noticing that a lot of Mortgage Porter readers are finding my by googling various terms to learn more about when and how the...
read moreConforming Loan Limits to increase soon
Being a Certified Mortgage Planning Specialist has it’s advantages. On being up to the minute updates on legislative...
read moreSenate Banking Committee Meeting Now
The Senate Banking, Housing and Urban Affairs Committee is now hearing testimony including the very hot topic of temporarily raising...
read moreA Jumbo Question: Conforming Loan Limits
A Mortgage Porter reader asks a very timely question regarding the proposed conforming loan limit: "I just spoke to one of the...
read moreShould You Refi?
Last week I did a quick alert on the 30 year fixed hitting high 4′s-low 5s and I received an excellent comment from...
read moreCloser to Higher Conforming and FHA Loan Limits
Today Pelosi and Paulson announced bits and pieces of the Economic Stimulus Plan which includes temporarily increasing the conforming...
read moreThe Difference in Rates Between Conforming and Jumbo
This is the last question that a reader had emailed me regarding qualifying for Jumbo mortgages: "I was wondering if you can...
read moreWashington homes still show appreciation, BUT…
We are lucky that Washington state is one of the few in the nation to still be reporting that our homes are appreciating. ...
read moreHow could CNBC use Bankrate as a reference?
I typically have CNBC on while I’m working. This morning, I watched in dismay as Diana Olick of CNBC used Bankrate...
read more
