It’s been a decade since conforming loan limits have increased, but when the New Year arrives, the maximum limit will increase from $417,000 to $424,100. For conventional loan products that allow low down payments— HomeReady™, Piggyback and Conventional 97 — this gives consumers in 2017 a little more buying power for a fraction of the […]
Florida Mortgage Firm does not discriminate against snowmen, reindeer or elves. In fact, Mr. Elf stopped by our North Pole branch today and filled out a mortgage loan application for a conventional loan. Since this will be his first home that wasn’t made from gingerbread, […]
Here’s an excerpt from The LA Times about Fannie Mae’s and Freddie Mac’s new conventional product.