FHA home loans upcoming changes to be in effect at the end of 2021 If you are a home owner and need to lower your monthly payments, here are some good news for you. The Florida Association of Realtors released this article today and I thought it was worth sharing:
FHA Loan Limits May Rise in 2021 More great news for Brickell first time home buyers in 2021! It has been all over the news that mortgage interest rates are the lowest in history in 2020, but now first time home buyers get an additional benefit. According to Florida Association
In August 2019, The U.S. Department of Housing and Urban Development (HUD) released updated guidance on FHA-insured condominium financing. The new rules should benefit Brickell condo buyers to obtain low down-payment mortgages. Specifically, the new rules will: Extend FHA certifications on condo developments from two years to three years, reducing the
Rates on 30-year mortgages have fallen to record lows for the third consecutive week Mortgage rates have fallen again! This week’s average of 3.03% for a 30-year loan is down from last week’s 3.07% The following is an article published by the Florida Association of Realtors newsletter today: “BALTIMORE (AP)
The first information that we need to know about Condo Financing is the three different types of residential mortgages. Primary residence: Usually it is the easiest to finance and requires the lowest down payment. your primary residence is the one in which you reside on a permanent basis, generally close
Verify a mortgage broker, a lender, or any financial service providers Buying a home is one of the most (if not THE most) important financial decision that a person makes in a lifetime. The first step should NOT be searching the internet for available homes and looking at pictures for
Yanai Nassar / Sergio Cervantes
Brickellmania, LLC
