An Historical view of the FannieMae limitWith all the chatter this week with loan limits increasing I thought it would be fun to take a look back.But first- lets talk about the new limits:We have a significant increase in the base loan limit from $453,100 in 2018 to $484,350 in 2019. Since I am L
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11/29/2018
Admittedly this is a bit of a rant, but it can also be a bit of a lesson: I have always said to my business partners: "Call me before you take your clients out." Or: "If you are with clients, I am with clients- call me any time." I will continue to say that. Over the years I have found that the
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11/19/2018
For the second year in a row, the Department of Housing and Urban Development’s (HUD) endorsement summary report has Homebridge ranked as the #1 203(k) renovation lender of the year. Setting the standard, Homebridge reported 954 endorsed 203(k) renovation loans in the 2018 fiscal year. That’s 87
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11/09/2018
In my previous Blog I wrote about climbing prices and how they are expected to continue to climb in 2019. With affordability being a concern of many buyers - it is important to check with a licensed lending professional in your area (Like myself) to determine what you can do, rather than assume
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11/08/2018
While home prices have climbed 5.6% (September 2017- 2018), the place has slowed from the 7.1% we saw earlier in 2018. From August to September we saw prices increase 0.4%.Nationally the slowing pace has been blamed on affordability issues. According to CoreLogic's analysis of the country's to
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11/07/2018
I decided to go with a boxing theme for today's quotes... First one is from Muhammed Ali (Who has some of the greatest quotes): "He who is not courageous enough to take risks will accomplish nothing in life." The second, Mike Tyson- love him or hate him, this is a great quote: "Everyone has a p
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11/06/2018
Did you know that Homebridge is the largest 203k (Renovation) Lender in the country?We offer Rennovation Lending for Conventional, FHA AND VA loans. Our Renovation Concierge Service reviews over 150 work write ups each month and one of the main requested improvements we see from around the coun
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11/06/2018