Below is a reference guide for common scenarios in the mortgage lending world and info on loan limits, low and no-money down loan options, as well as common mortgage terms.2025 Loan Limits (1-Unit Property ...
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Assumable loans offer lower rates
With the sharp rise in interest rates, the assumable loan is coming back on the real estate scene. An assumable mortgage allows a buyer to purchase a home by taking over, or assuming, the seller’s mortgage ...
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Effective this week, Fannie Mae and Freddie Mac backed loans will begin to require additional information as part of the condominium review process. At the direction of the Federal Housing FinanceAgency ...
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