Mortgage

Dec. 2, 2017

New Higher Loan Limits for 2018!

After being raised for the first time in more than a decade, next year's conforming loan limit has been lifted by nearly $30,000 – far more than the previous increase of over $7,000.

A year ago, the Federal Housing Finance Agency announced that it increased the maximum ...

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Posted in Mortgage
Aug. 9, 2017

Why you Should use an Appraisal Contingency Addendum Especially for Conventional Loans

Why you Should use an Appraisal Contingency Addendum  Especially for Conventional Loans

When making an offer on a property on behalf of your buyer, how they are paying is a very important piece of the puzzle.  If they are doing a VA or FHA loan you should include an FHA ...

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Posted in Mortgage
Dec. 27, 2016

The Fed Raised Rates: What Does that Mean for Housing?

You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future?

Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve ...

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Posted in Buyers, Mortgage
Dec. 17, 2016

Loan Limits Increase!!!

Conventional and VA Loan Limits Have Increased!

Freddie Mae and Freddie Mac have increased the conforming maximum loan amount limits to $424,100. Dyer Mortgage Group offers conventional loans up to $424,100 with as little as 3% down. VA loans with $0 down also have increased the loan amount to $424,100 ...

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