News and Updates in our home turf Grand Rapids, MI.
If you have a goal of becoming a home owner, then now may be your opportunity. Using your tax refund for a down payment on a home is a great investment in your future. Rent prices are soaring and finding affordable rentals is not easy. Buying a home may save you a considerable amount of… Read more »
FHA Loan Limits Increased for 2020 On December 3, 2019, FHA issued Mortgagee Letter 19-19 to increase the FHA Loan Limits for new case numbers assigned on or after January 1, 2020. The FHA loan limits have increased from 2019 FHA loan limits of $314,827 to the new floor of $331,760 for 1 UNIT properties. Related:… Read more »
The Federal Housing Finance Agency (FHFA) announced increased loan limits for the 2019 calendar year for Conventional Home Loans. The maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019 will be effective for all loans sold on or after January 1st, 2019. In most of the U.S.,… Read more »
When it comes to home loans, there are hundreds of loan programs and options that you may want to consider. Many first time home buyers do not know where to start when they want to buy a home. It is overwhelming to most people who do not have experience buying a home or getting a… Read more »
List of Top Employers in Grand Rapids, MI Combined, the top 10 largest employers in Grand Rapids employ over 66,000 people. These companies are involved in various industries which include healthcare, grocery, shopping, consumer goods, manufacturing, technology, automotive, education, and furniture. In fact, Grand Rapids is known by many as “Furniture City” because it is… Read more »
The feeling of rejection can be overwhelming especially if it is for a mortgage denial. If you applied for a mortgage to buy a home, chances are you were making major plans in your life to prepare for your move. You were probably excited and told friends and family and now must deal with the… Read more »
When shopping for a mortgage it is a good idea to compare loan options. Many lenders offer a variety of home loans that might fit your needs. Each mortgage options has it benefits and weaknesses that should be considered for your individual loan needs. Lending guidelines are not the same for all mortgage lenders. All… Read more »
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