HUD has just announced FHA loan limits for 2018. Due to the increased value of homes, the FHA base loan amount was increased to $294,515 for single family dwellings. FHA loan limits also match the conforming high balance limits in applicable counties. Not all counties saw an increase in FHA loan limits. Loan limits for […]
Loan limits for VA mortgages have been announced and, like last few years, will follow the conforming loan limits. Technically, VA loans do not have “loan limits” like conforming and FHA mortgages. The “loan limit” that is referred to with a VA loan is highest loan amount a Veteran can borrower without making a down […]
For the second year, the Federal Housing Finance Agency, who oversees Fannie Mae and Freddie Mac, has increased loan limits on conforming mortgages in 2018. The increase in 2018 conforming loan limits matched rising home prices felt across the U.S. Show More Summary
The limits for Fannie Mae and Freddie Mac loans will rise for a second straight year in 2018, meaning lower rates for bigger mortgages.
Conforming loan limits are increasing again this year. Conforming high balance areas for King, Snohomish and Pierce counties have have higher limits for 2018 as well. San Juan County’s loan limits are unchanged from 2017. King County, Snohomish County and Pierce County: One Unit: $667,000 Two Unit: $853,900 Three Unit: $1,032,150 Four Unit: $1,282,700 San […]
Conforming loan limits for 2018 have been announced. From FHFA’s News Release: Earlier today, FHFA published its third quarter 2017 House Price Index (HPI) report, which includes estimates for the increase in the average U.S. home value over the last four quarters. According to FHFA’s seasonally adjusted, expanded-data HPI, house prices increased 6.8 percent, on […]
Wells Fargo didn't limit its fraud to robbing 2,000,000 ordinary depositors, struggling mortgage borrowers, 800,000 car loan borrowers, mom and pop businesses, and home owners -- the bank's top foreign-exchange desk bankers robbed hundreds of the company's large business customers, in a move that inflated the Fargo execs' annual bonuses. (more…)
Robert Kelchen (Seton Hall), An Empirical Examination of the Bennett Hypothesis in Law School Prices: Whether colleges increase tuition in response to increased federal student loan limits (the Bennett Hypothesis) has been a topic of debate in the higher education community for decades, yet most studies have been based on...
Anyone who’s ever found themselves overextended on debt knows what a precarious financial situation that can be. When unexpected costs pile on top of existing debt, it can push a borrower’s finances over the limit. That’s when it may be tempting to take out a payday loan. Show More Summary
My military job is in a field that deals primarily with development and humanitarian aid. One of the key tools in development is something called “micro loans”. These are loans for a very small sum, typically less than $500, that allow...Show More Summary
Congress will need to raise the nation's debt limit and avoid defaulting on loan payments by "early to mid-October," the Congressional Budget Office said in a report on Thursday. Treasury Secretary Steve Mnuchin has encouraged Congress...Show More Summary
HIGHER EDUCATION BUBBLE UPDATE: Trump Proposes To Dramatically Cut Law Student Loans. He should also, however, limit the amount of loans in a given year to about 70% of what it is now, which would have the effect of forcing tuitions down.
USDA offers a no-down payment mortgage program which is available in rural areas (typically a town with population of 10,000 or less). USDA does not have loan limits, the program is limited by household income and if the property is in a USDA designated location. USDA offers a government backed program that allows 100% financing […]
2017 VA mortgage limits are higher than 2016 limits. But you really don't have loan limits at all with this program. VA jumbo mortgages are here to help you buy more house.
You would think that in 2017 that discrimination and red-lining (a discriminatory practice by which banks, insurance companies and businesses limit loans, mortgages, insurance or other products with specific geographic areas, especially in inner-city neighborhoods) would be a thing of the past. Show More Summary
In California lending law, $2,500 is a vital number. Lenders who make loans of less than that amount are limited in the amount of interest they can charge. Lenders who make loans of $2,500 and up, though, can charge whatever the market will bear. In 2015, more than half of all loans between $2,500...
Scorpio Tankers Inc. announced today that the Company has received commitments for a loan facility of up to $172 million from a group of financial institutions including Macquarie Bank Limited (London Branch), DekaBank Deutsche Girozentrale ("DekaBank")…
If you need to borrow money as a college student, you may have more limited options than if you had a full-time job with a steady income, but you're not automatically disqualified. Continue reading Are there auto loans made specifically...Show More Summary
For anyone trying to find a reliable and affordable car title loan, the options can feel rather limited. Even when... The post 4 Key Factors to Succeeding in Car Title Loans appeared first on Lifehack. Looking for into car title loans? Here are 4 key factors to succeeding in getting the right car title loan for you.
Borrowers of FHA-insured loans can apply for higher loan amounts in 2017 in light of an increase in housing prices. The 2017 FHA loan limits correspond with the rise of conforming loan limits next year as announced by the Federal Housing Finance Agency. Show More Summary