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New Maryland bill to limit cost of condo resale package

Written by Federal Title on 2014-02-20.

Maryland law requires the seller to provide specific information pertaining to the resale of property within a Homeowner’s Association (HOA) or a property designated under a condominium regime. Typically, this information is produced by the...

Maximum VA loan county limits for 2014 released

Written by Federal Title on 2014-01-07.

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2014. Please note, these limits do not reflect a maximum amount that an eligible veteran...

Fannie Mae, Freddie Mac conforming loan limits for 2014 released

Written by Federal Title on 2013-12-03.

The Federal Housing Finance Agency (FHFA) published today the maximum conforming loan limits, which is the ceiling on loans eligible for backing by Fannie Mae and Freddie Mac. The limits listed below are for some counties in Maryland and...

New law will eliminate subordination agreement requirements for some Maryland residential refinances

Written by Federal Title on 2013-08-20.

A homeowner who wants to refinance his or her first mortgage when there are two mortgages on the property is typically required to obtain a subordination agreement for the existing second mortgage. This is because without such an agreement,...

Big change for Maryland refinances involving non-principal residences

Written by Federal Title on 2013-06-28.

Until recently, Maryland treated refinances of principal residences and other properties differently. A borrower refinancing a principal residence paid recordation taxes on the difference between the outstanding principal balance of the existing...

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Tag: bethesda

New Maryland bill to limit cost of condo resale package

Maximum VA loan county limits for 2014 released

Fannie Mae, Freddie Mac conforming loan limits for 2014 released

New law will eliminate subordination agreement requirements for some Maryland residential refinances

Big change for Maryland refinances involving non-principal residences

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