Conventional loan limit in Arizona has just been increased to $510,400
In Arizona and most of the USA the 2020 conventional loan limits have been increased from 484,350 to $510,400. Listen to our podcast to learn why this is great news for Arizona buyers and sellers.
How to Freeze and Unfreeze Credit Reports
Here we cover the easiest, most efficient, and cost effective way to protect your credit from hacks and theft which is to freeze your credit report files. That being said, you don't want a credit freeze to cause a lot of hassle in your life. We know a lot of borrowers who have had to spend hours on the phone trying to figure out how to unfreeze their credit so that we can pull their credit to get them pre-approved. Don't let that happen to you [...]
How to Count Commissions and Bonuses and Tips
This episode covers how to count commissions and bonuses and tips. Before the highlights, here's a quick overview. Be sure to read through for the code word [...]
Getting a Mortgage with Employment Gaps
This episode covers home loans with gaps in employment. All programs are fine with job gaps less than 30 days. Fannie Mae technically does not have any Job Gap max allowed limit like [...]
Parent and Child Co-borrowers: What You Need to Know
Did you know that in certain circumstances a parent can purchase a home for their child without the child being on the loan and we would do the loan as a "primary residence?" Yes, it's [...]
What You Need To Know About Combo Mortgages
Combo Home Loans — What you need to know. Topics covered include: Simultaneous Close, Purchase or Refinance, OR you can do a Pos Closing combo loan, 90% combined loan to value limit [...]