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HomeSmart Stars
HomeSmart Stars
Brenda Thompson, HomeSmart StarsPhone: (972) 798-5334
Email: [email protected]

Tag: Mortgage

How Conforming Loan Limit Increase Affects the Jumbo Market
Posted on 01/12/2020
How Conforming Loan Limit Increase Affects the Jumbo Market
Image by Arek Socha from Pixabay If you bought a house that was over $484,350 prior to 2020, you had to get a jumbo loan, which is a non-conforming loan. The Federal Housing Finance Agency (FHFA) increased the limit on conforming loans to $510,400 in most areas. The FHFA also increased the loan limit to $765,600 in some...
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Some Common Misconceptions About Mortgages
Posted on 11/10/2019
Some Common Misconceptions About Mortgages
You may have wanted to apply for a mortgage at some point but were put off by something negative someone said about this type of loan. Similarly, you may have been encouraged to apply for one based on some false information but met with a quick rejection. Some of the information that bred these misconceptions may not be...
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