What is DTI Your debt-to-income ratio (DTI) compares your monthly debt payments to your gross monthly income. Lenders use DTI during mortgage preapproval to estimate how comfortably you can handle a new mortgage payment along with your other obligations. Lower…
Some Lenders Are Already Honoring Anticipated 2026 Higher Conforming Loan Limits Each fall, the Federal Housing Finance Agency updates conforming loan limits for Fannie Mae and Freddie Mac. Those limits set the maximum size of a loan that can be…
How Much You’ll Need to Buy in PA or FL Buying a home in Pennsylvania or Florida comes with choices, and one of the most popular mortgage programs for first-time buyers and those with limited savings is the FHA loan…
Make the Right Choice by Focusing on Monthly Cost When you start exploring mortgages, two of the most common options are FHA loans and conventional loans. Both can get you into a home, but the better choice depends on your…
Trigger Leads Are Being Shut Down, Here’s What That Means If you’ve ever applied for a mortgage and suddenly received a flood of calls, texts, or emails from lenders you’ve never heard of, you’re not alone. But that’s changing. As…
Freddie Mac now allows up to 95% LTV on 2- to 4-unit primary residences. Effective for mortgages with settlement dates on or after September 29, 2025, Freddie Mac has updated its guidelines to expand financing opportunities for multi-unit primary residences…
Philadelphia’s Anchors: How Education and Healthcare Strengthen Our Local Economy, and Housing Market When people think about what makes Philadelphia special, history and culture often come to mind. But another story runs quietly in the background, how education and healthcare…
Save on closing costs and keep more money in your pocket without waiting for rates to drop. When you’re refinancing or buying a home, the last thing you want is a complicated and expensive closing process. That’s where programs like…
Understanding the possible ripple effects on affordability and lending if Fannie Mae and Freddie Mac Go Back To Private Ever wondered how mortgage rates would shift if Fannie Mae and Freddie Mac left conservatorship and returned to full private ownership?…
What Lenders Are Looking For, And When One Year of Returns Is Enough Navigating the mortgage process as a self-employed individual often requires more paperwork than for traditional W-2 employees. But don’t worry, if you don’t fit into the traditional…
