Browsing articles from "November, 2011"
Conforming Loan Limits
Click here for a 2011 county-by-county loan limit list.
Conforming mortgages are appropriately named; they “conform” to the mortgage underwriting guidelines of Fannie Mae or Freddie Mac. Mortgages meeting these criteria are securitized on Wall Street as mortgage-backed bonds (MBS’s).
Since 2007, though, as mortgage performanc...
The FHA Streamline Refinance : The Complete Mortgage Guidelines (Plus Mortgage Rates)
This FHA Streamline Refinance information is accurate as of today, November 7, 2011. If you get FHA Streamline Refinance information somewhere else, it may be inaccurate or out-of-date.
What Is An FHA Streamline Refinance?
The FHA Streamline Refinance is a special mortgage product, reserved for homeowners with existing FHA mortgages. Homeowners with conventional mortgages via Fannie Mae or Freddie can’t use it. FHA Streamline Refinances are...
