by Rob Messenger | Sep 29, 2022 | Loan Limits, Real Estate Tips
What are Loan Limits? Loan limits are set by the Federal Housing Finance Agency (FHFA) and they determine the maximum amount of cash a homebuyer can borrow and obtain a conforming loan. Loan limits apply to both Fannie Mae and Freddie Mac which are two government...
by Rob Messenger | Aug 30, 2022 | Real Estate Tips
What are Escrows? When you are buying a home you will hear escrows discussed throughout the loan process. By definition an escrow is when money is held by a third party until it needs to be used to complete a certain condition. During the home buying process deposits...
by Rob Messenger | May 31, 2022 | Real Estate Tips
A common practice in today’s competitive real estate market has been to waive real estate contingencies when making an offer on a home. This can be an appealing thing to do to make your offer more attractive to the seller. However it is imperative to understand...
by Rob Messenger | Apr 12, 2022 | Real Estate Tips
If you’ve ever shopped for a home you have likely heard the term prequalification or preapproval. This is an endorsement provided by a lender to show that you have a strong enough financial profile to be able to buy the home you made an offer on. It’s...
by Rob Messenger | Jan 18, 2022 | VA Home Loan
The VA Home loan is well know by veterans and mortgage professionals however only 9% of 25 million veterans have taken advantage of the VA home loan. VA Home loans are offered exclusively to our nations veterans, active duty members and reservists. Understanding the...
