Second Home Loan Rates Skyrocketing in 2022
Fannie Mae has announce that they will be raising rates on second home loan for all purchases after April 1st,…
News and Updates in our home turf MI. Buying in Michigan comes with details that national mortgage advice tends to skip. This category covers what’s specific to the market here: property tax rules including the homestead exemption and uncapping when a home sells, how loan limits and appraisals play out across different counties, and which areas outside the metros qualify for USDA financing. You’ll find posts on West Michigan neighborhoods and price trends, older housing stock and what it means for financing, and seasonal timing in a market where winter genuinely changes things.
Fannie Mae has announce that they will be raising rates on second home loan for all purchases after April 1st,…
With home values appreciating at a record breaking clip, the maximum conventional loan limit has also increased a substantial amount…
New Michigan RefiNow Mortgage introduced to save low-income borrowers thousands by refinancing to lower rates. Lower Costs. Appraisal Waivers Possible.
DACA mortgages in Michigan are here! On January 20th, 2021 the US Department of Housing and Urban Development (HUD) has…
Today is an exciting day for independent mortgage brokers! Our #1 lending partner United Wholesale Mortgage (UWM) completed their IPO…
Each year the Federal Housing Finance Agency (FHFA) reviews home appreciation and makes adjustments to the maximum conventional loan limits.…
Many financial advisors, like Dave Ramsey, recommend getting a 15 year fixed rate mortgage when you buy a home or…
Riverbank Finance LLC is an experienced mortgage brokerage that has an extensive list of lending partners offering a wide variety…
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