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Conventional Non-Warrantable Condo Loans: Financing Up to 90% LTV
Financing a condominium has changed. Effective with loan applications dated August 3, 2026 or later, Fannie Mae retired its Limited Review process for condominium projects. This means many condo transactions that previously qualified through the Limited Review process may now require a Full Review or another eligible project-review method. For condo buyers, owners, real estate…
Read MoreNavigating Down Payments and the Benefits of Home Ownership
Welcome to the journey of home ownership! For many first-time buyers, purchasing a home is a significant milestone that marks a new chapter in life. It’s a step towards building personal wealth, stability, and creating a space that’s truly your own. In this blog post guide, we’ll walk you through the crucial aspects of the…
Read MoreBump in 2018 Conforming Loan Limits Likely to Save Borrowers Thousands
By Aaron Terrazas on 12/11/2017 Nationwide, the 2018 conforming loan limit for most counties increased by $29,000 (6.8 percent), to $453,100. Tens of thousands of homes in some of the nation’s priciest housing markets – including New York, L.A., Miami and Seattle – will no longer require a jumbo purchase mortgage next year, likely saving their…
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