eddieknoell

/Eddie Knoell

About Eddie Knoell

A native Phoenician serving Arizona Homeowners with over 15 years lending experience and currently the Vice President and Partner of Signature Home Loans LLC. Eddie has been a mortgage broker since January 2003.
Serving Homeowners Since 2003

Just The Facts- Appreciation Greater Phoenix Metro 2018

Appreciation Rates Phoenix Metro By Cities 2018 Greater Phoenix Metro Just the Facts! Phoenix Metro appreciation rates varied by city more than you might think. It is interesting to see the cities with the greatest difference in rate of appreciation from 2017 to 2018.   Maricopa had highest appreciation YOY (Year Over Year) Queen Creek [...]

2019-01-18T08:32:21+00:00January 17th, 2019|

January 1st 2019 FHA Loan Limits are increasing

Have you heard? FHA Loan Limits increased on January 1st 2019 The FHA loan limit in Maricopa county for a SFR are going from $$294,515 to $314,827. Did you know that FHA limits are different (higher) if the property is a '2 unit', '3 unit', or '4 unit'? 1 Unit loan limit is $314,827 [...]

2019-01-14T09:22:41+00:00January 14th, 2019|

Case Study: Depletion of Assets for Income

The Scenario Our newly-retired client came to us hoping to get approved for a mortgage, but had been told that now that he was retired, he didn’t make enough money to qualify for a loan. Technically, this was true. He’d had plenty of income before he retired, but his income from Social Security and [...]

2018-12-12T11:51:24+00:00December 12th, 2018|

New Arizona Conventional Loan Limits for 2019

New Arizona Conventional Loan Limits announced for 2019 The Federal Housing Finance Agency (FHFA) has announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. See below for the new limits that will be available in January 2019. Conforming Loan Limits for all of Arizona: 1 [...]

2018-11-28T10:04:07+00:00November 27th, 2018|
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