Tag: loan

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...

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FHA issues new rule on foreclosure, bankruptcy and short sale waiting period

Written by Federal Title on 2013-09-10.

In its August 2013 Mortgagee Letter, the Federal Housing Administration (FHA) issued updated guidelines for giving an FHA-insured mortgage to borrowers who may otherwise be ineligible as a result of its post-bankruptcy, foreclosure or short...

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block of colorful DC rowhouses beneath azure sky

The bait ‘n’ switch: From an all-cash offer to not

Written by Todd Ewing on 2013-08-13.

Consider the following scenario: It’s a bidding war, and the seller of a property is choosing between multiple offers. It comes down to the two highest offers: Offer A: $505,000, FINANCING of 20% down and 80% loan, $5,000 earnest money deposit,...

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How changes to FHA loans could impact you

Written by Federal Title on 2013-04-17.

Two major changes to FHA loans designed to boost its depleted mortgage insurance fund may result in many borrowers opting to forego an FHA loan for a conventional loan with private mortgage insurance. The first change became effective April...

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Maximum VA loan county limits for 2013 released

Written by Federal Title on 2013-01-02.

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2013. Please note, these limits do not reflect a maximum amount that an eligible veteran is permitted...

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