Conforming Loan limits increasing in 2022

Expected to be announced November 1, 2021, the projected Conforming Loan Limit for 2022 will be $625,000 for a single unit property. This is great news for many of you aspiring homebuyers who would like to get that “conforming interest rate” at what would have formerly been considered a high balance loan amount.

Private mortgage insurance

What is PMI, Private Mortgage Insurance?

Mortgage insurance is an insurance policy which protects the lender who issues your mortgage. This policy reduces the risk they take in funding mortgage loans to buyers or refinancers with less than 20% equity in their home.

Why Finding a LOCAL Lender Online Matters Now More Than Ever

Finding a mortgage lender online is honestly very easy, but is this the right way to find a local mortgage expert? The short answer is, yes it can be