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Archive for November, 2011

Conforming Loan Limits

November 8th, 2011 by

For the county-by-county loan limit list, click here.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).

Conforming Loan Limits Vary By Property Type

In 2011, for the 6th consecutive year, ... [ Read More ]

The FHA Streamline Refinance : The Complete Mortgage Guidelines (Plus Mortgage Rates)

November 7th, 2011 by

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 If you get FHA Streamline Refinance information somewhere else, it may be inaccurate or out-of-date.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 con... [ Read More ]