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FHFA Announces Maximum Conforming Loan Limits for 2018

Looking for a mortgage? Big or small, we do them all! Begin with getting a no obligation mortgage pre-approval or mortgage rate quote today!The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit for one-unit properties will be $453,100, an increase from $424,100 in 2017. The advantages of an increase in the conforming loan limit:Benefits of a conforming loan:Often easier to qualify forCan have a lower mortgage interest rateMa...

November 28th, 2017 FHFA Announces Maximum Conforming Loan Limits for 2018

Do's and Dont's of What to do During the Mortgage Application Process

by Mark SpanoBefore you go ahead with any mortgage loan process, you should endeavor to talk to your mortgage loan originator, especially if the loan will affect your financial state or position. This is important because your decision can boomerang and become a great financial burden on you or hinder you from obtaining further financing. If you stay in Long Island, NY, you can also get in touch with Jet Direct Mortgage regarding this.You must take note of the following Dos and Don’ts regarding a mortgage loan process.DosAlways keep a close watch on your new credit report.Always pay...

November 27th, 2017 Do's and Dont's of What to do During the Mortgage Application Process

Deciding on Homeownership: Weighing the Advantages

Home Ownership – Is it right for you?by Peter PescatoreHome ownership brings with it a lot of benefits, but a lot of responsibility as well. The decision to own a home depends on  the individual, and nobody knows better than you if it’s right for your situation.  While specifics vary from person to person, below are many popular reason for choosing home ownership.As A Great InvestmentThe housing market rises and falls, but over the long term it is a consistent source of growth – providing significant return on investment over time.Renters may find Jet Direct’s...

November 9th, 2017 | home ownership, equity, home, rent, Deciding on Homeownership: Weighing the Advantages

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN SEPTEMBER 2017

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN SEPTEMBER 2017  WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today jointly announced the following new residential sales statistics for September 2017:NEW HOME SALESSales of new single-family houses in September 2017 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by the Department of Housing and Urban Development and the U.S. Census Bureau. This is 18.9 percent (±19.0 percent)* above the revised August rate of 561,00...

October 27th, 2017 HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN SEPTEMBER 2017

What You Should Know If You're Buying a Home or Refinancing

If you are first time home buyer or looking to refinance an existing mortgage, then look no further, you've arrived at the best destination.  We are here to accommodate all your needs and make sure you can buy your dream house to take your life to a brand new level.  Nothing like the pride of home ownership, whether you require FHA, refinance or reverse mortgage, it would be an honor to service all your needs.  We are very passionate about helping folks like you achieve all your mortgage goals.  We aspire to help you meet your goals first and foremost.  As you know...

November 12th, 2015 | purchase, Refinance, What You Should Know If You're Buying a Home or Refinancing

How Using a Mortgage Professional with Vast Experience Can Make All the Difference for First Time Home Buyers

In many countries, first time home buyers tend to seek advice from banks when it comes to their mortgage getting approved. As much as this is a common practice, people are missing the enormous benefits on having the best advice elsewhere - or precisely at a mortgage loan professional. Mortgage Loan Professionals Vs. Banks Apart from only losing money, the first-time home buyers usually spend a lot of time going to banks for the hope of the best advice, while they should be proactive and get a better and tailored advice on which mortgage is better for them in particular. Banks usually ...

November 12th, 2015 | purchase, How Using a Mortgage Professional with Vast Experience Can Make All the Difference for First Time Home Buyers

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