3 Simple Keys to the Lowest Home Loan Payment

With mortgage rates in flux, home-buyer's and homeowner's are looking for better options.  Specifically, the lowest possible monthly mortgage payment possible.  While feeling powerless in the face of a shifting home loan rate market home-buyer's and homeowner's should take comfort knowing they still have some control over their mortgage payment destiny. Apply for a Home Loan  Team@JeremyHouse.com 602.435.2149 3 Keys to Lowering Your Mortgage Payment In fact, there are 3 well known … [Read more...]

2018 Conventional Loan Limit Arizona | $453,100

It is official!  2018 Conventional Loan Limits increase for the 2nd year in a row.  Starting on January 1, 2018 the new maximum Conventional Loan limit for Maricopa County is $453,100.  This is also the new maximum Conventional loan limit for all non high cost areas of the United states for 2018. In addition, VA maximum loan limits have increased for 2018 based on the fact that VA maximums follow Conforming Maximum limits set by the FHFA. In 2017, FHA announced their max loan limit increase … [Read more...]

Cash Out Refi to Consolidate Student Loans

Every college graduate wants student loan payments to disappear.  However, unless you know David Copperfield, they aren't vanishing anytime soon. A cash out refinance is the next best option to make student loans disappear. Apply for a Home Loan Team@JeremyHouse.com 602.435.2149 Learn more: deferred student loans and home loan approval Cash Out Refinance to Pay Off Student Loans Graduates with enough equity in their home can use that equity to pay off their student loans. This type of … [Read more...]

No Appraisal for Conventional Purchase Home Loans

Every once in a while, wouldn't it be great to just skip the whole appraisal process?  Maybe not every loan, but a break here and there would make lending simpler.  Well, finally the time has come!  As of Sept, 2017 appraisal waivers are allowed on Conventional home loans (see below for eligible scenarios). Apply for a Home Loan Team@JeremyHouse.com 602.435.2149 What is an Appraisal Waiver? In short, appraisal waivers are like a fast pass at Disney World!  They allow mortgage lenders to … [Read more...]

No Seasoning Cash Out Home Loan

Savvy buyers often pay cash for a property for a number of reasons.  Cash purchases provide price leverage.  Also, they tend to be more attractive than competing financed offers.  However, paying cash ties  up liquid resources and limits an investors ability to leverage.  Finally, there is a solution to this common conundrum. Apply for a No Seasoning Refinance Team@JeremyHouse.com 602.435.2149 No Seasoning Refinance Cash-Out First of all, home-buyers must typically wait out a long 6 month … [Read more...]