Freddie Mac
DACA home loans â FHA will now approve home loans for ‘Dreamers.’ Here’s how to get approved
Thanks to a new policy, FHA is now accepting DACA home loans. Learn about the pros and cons of FHA loans and whether you qualify for financing.
MBS RECAP: Uneventful Start This Week; Next Move Remains Debatable
Posted To: MBS Commentary
Uneventful Start This Week; Next Move Remains Debatable Bonds began the day in weaker territory but rallied back to nearly unchanged levels after several comments from inbound Treasury Secretary Janet Yellen. Of particular note were Yellen's comments on the possibility of repealing certain tax cuts as well as the need to get the federal budget on a more sustainable path. Both of those bode well (or "better," anyway) for Treasury issuance vs demand. The econ calendar was silent and other market moving headlines were scarce. Traders are waiting for the next major cue that settles the debate between keeping the broader negative trend intact or riding the recent positive correction back to lower-yield technical boundaries. Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am…(read more)
Can I Get a Home Loan with Bad Credit?
While a 20% down payment and a great credit history make buying a home easiest, there are ways to get approved for a home loan without them those golden assets. Programs, such as Federal Housing Administration or FHA loans, Veteranâs Administration or VA loans and United States Department of Agriculture or USDA loans can help those without… Read More
The post Can I Get a Home Loan with Bad Credit? appeared first on Credit.com.
Mortgage rates dip as investors await actions of new administration – The Washington Post
Mortgage rates dip as investors await actions of new administration The Washington Post
2021 Conforming loan limits range from $548K to over $1 million
Conforming loan limits for 2021 rose more than 7% across the United States. Freddie Mac and Fannie Mae loans now go up to $548K in most counties.
What Should My Mortgage Credit Score Be?
You don’t have a separate rating called a mortgage credit score, but lenders do look at your score, credit history and several other factors when deciding whether to approve you for a home loan. Contrary to what some people think, though, you don’t necessarily need an excellent or good credit score to get a home loan. How high your score… Read More
The post What Should My Mortgage Credit Score Be? appeared first on Credit.com.
Colorado First-Time Homebuyer Programs
Housing prices are on the rise in Colorado making it more challenging than ever to become a first-time homeowner. Thankfully, the Colorado Housing and Finance Agency (CHFA) has several home buyer programs and grants for down payment and closing cost assistance for first-time homebuyers. Get Pre-Approved for a Mortgage and Check Rates National First-Time Homebuyer […]
The post Colorado First-Time Homebuyer Programs appeared first on The Lenders Network.
Choosing the Best Mortgage Lender
The process of finding the best mortgage loan begins with finding the best mortgage lender. They can ensure this process runs smoothly, you get the best rates, and any issues are dealt with in a timely and satisfactory manner. But with so many different lenders, how do you know which one is right for you? How to Find the Best Lender […]
Choosing the Best Mortgage Lender is a post from Pocket Your Dollars.