FHA Down Payment Requirements
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…
Freddie Mac Expands Financing for Multi-Unit Homes
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…
Conventional 1% Down Program
Helping More Buyers Get Into Homes: Conventional 1% Down Program Buying a home is one of the biggest financial steps most people will ever take, but for many, saving up a large down payment is a real hurdle. If that…
Crypto Assets May Soon Count Toward Your Mortgage
FHFA Opens Door to Cryptocurrency in Mortgage Risk Assessments: What It Means for Borrowers and the Housing Industry In a move that could dramatically shift how we think about wealth in mortgage underwriting, the Federal Housing Finance Agency (FHFA) has…
FHFA Ends Support for Special Purpose Credit Programs (SPCP)
What It Means for Borrowers and the Industry In a significant policy shift, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to terminate their involvement in Special Purpose Credit Programs (SPCPs). The announcement, made end…
Don’t Fear PMI
Why Private Mortgage Insurance (PMI) Isn’t as Bad as You Think For many homebuyers, Private Mortgage Insurance (PMI) has a bad reputation. It’s often misunderstood as an unnecessary extra cost, leading some buyers to delay their purchase in an attempt…
FHFA Announces Increased Conforming Loan Limits for 2025
Now Accepting Higher Loan Limits, Higher Possibilities In a significant move to bolster homeownership and accommodate rising property values, the Federal Housing Finance Agency (FHFA) has announced an increase in the conforming loan limits for Fannie Mae and Freddie Mac…
Affordable Mortgages Programs Explained: Programs That Put Homeownership Within Reach
Discover mortgage solutions tailored to low- and moderate-income buyers in Pennsylvania (PA) and Florida (FL). The concept of affordable home loan programs is essential for making homeownership accessible to a larger number of individuals. Affordable programs are designed to support…
Say Goodbye to Costly Appraisals! Fannie Mae Raises Appraisal Waiver Limits for 2025
Fannie Mae Unlocks 90% LTV Appraisal Waivers—Is Your Home Eligible? Fannie Mae today announced significant updates to its appraisal policies, aiming to make home valuation more efficient and cost-effective for borrowers. These changes, set to roll out in early 2025,…
Think FHA is the Lowest Down Payment? Think Again!
Discover how 3% down conventional loans rival FHA for first-time buyers. Many prospective homebuyers assume that the FHA loans 3.5% down payment requirement is the lowest down payment option available. However, that’s not entirely true. For first-time homebuyers, conventional loan…
