18 Nov

Condo Communities Can Look to Reverse Mortgages and FHA loans again Once Regulations are Adopted The most relevant provision of the changes will emulate the FHFA’s rules regarding the transfer fees for FHA mortgages including reverse mortgages.  In July 2015 FHA began refusing to approve condominiums in higher…

Purchasing an investment property that needs a little work?  Wish you could include the costs of renovation in the loan?  You can with a HomeStyle renovation loan from Signet Mortgage! Improvements can be anything that adds value to the home.  No longer will a purchase be held up…

Retirement assets to be considered in qualifying for conventional loans under new Fannie Mae & Freddie Mac policies. Should add flexibility for retired individuals wanting a conventional loan. One of the unfortunate outcomes of the economic crisis since 2008 has been perfectly well-qualified borrowers that cannot get a…

Let us know how we can be of help. Request a free personalized loan strategy and rate quote today.