2020 FHA Loan Limits

Posted on December 27, 2018 by - Buying a Home, FHA Mortgage, Local Michigan

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 »

2019 Conventional Loan Limits

Posted on November 27, 2018 by - Buying a Home, Local Michigan

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 »

Michigan VA Home Loans

Posted on November 12, 2018 by - Buying a Home, va, VA Loan

VA Loans are mortgages guaranteed by the US Government for military members who have served our country. With no down payment required, VA Loans are one of the best loan options. Underwriting requirements are flexible which allows for low credit scores and short wait periods after bankruptcy and foreclosure. We currently offer Zero Down VA… Read more »

How to get the Best Mortgage Loan

Posted on October 5, 2018 by - Buying a Home, First Time Home Buyer, Local Michigan, Mortgage Tips

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 »

Doctor Home Loans In Michigan

Posted on October 2, 2018 by - Buying a Home, Mortgage Tips

Are you currently in, or recently completed a medical residency or fellowship? Our Doctors’ Loans exclude student loans from your debt-to-income ratio! Call us today at 800-555-2098 and let us discuss your options! Benefits of Doctors Loans in Michigan Doctors can now easily qualify for a mortgage without including student loans in the debt to… Read more »

The Top 10 Largest Employers in Grand Rapids, Michigan

Posted on September 4, 2018 by - Buying a Home, Local Michigan

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 »

Free Conventional Appraisals

Posted on August 31, 2018 by - Buying a Home, Mortgage Tips, Refinance

We have some exciting news! Conventional Appraisals are now FREE for new loans submitted to us from 08/26/2018 that close by 12/31/2018! Free Conventional Purchase Loan Appraisals If you are buying a home, then take advantage of the our Free Appraisal program to keep up to an extra $525 in your pocket when we take… Read more »