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Tag Archives:conventional loan

Jan 9

How Remodeling Impacts Your Home Value

How Remodeling Impacts Your Home Value

Thinking of home renovation projects this spring/summer?  Click here to view an interesting report that compares the economic impact of various remodeling projects.  As a hint, the highest impact remodeling projects that add value to your home are a new kitchen or kitchen upgrade, or a new bathroom, or bathroom upgrade.  The lowest value items include an insulation upgrade, closet renovation or converting an attic to a living area. As for a remodeling project’s impact on your happiness, a whopping 82% of homeowners said they have a greater

Dec 12

Yuma Mortgage Loan Limits for 2017

Yuma Mortgage Loan Limits for 2017

It’s the end of the year, and mortgage lenders are updating their guidelines and loan limits for the new year.  For 2017, Fannie Mae and FHA have both updated their maximum loan amount limits.  Click the image for a printable full-size information sheet about Yuma and other Arizona county 2017 loan limits. The new FHA loan limit for 2017 is $275,665 in Yuma county.  You can get more if you buy a multi-unit property (like a duplex, triplex or 4-plex).  $352,950 for a 2 unit, $426,625 for a

Mar 29

I Have Student Loans… Can I Get a Mortgage?

I Have Student Loans… Can I Get a Mortgage?

Top paying college majors earn a whopping $3.4 million dollars more than the lowest paying majors according to recent stats released by Georgetown University. Among the winners are college degrees in STEM (science, technology, engineering, and mathematics), health, and business. These degrees have average annual wages of $37,000 or more at the entry level, and an average of $65,000 or more annually over the course of a recipient’s career. Click here to view the full report. That being said, very few students get out of college these days without

Aug 5

How Long Do I Have to Wait to Buy Again?

How Long Do I Have to Wait to Buy Again?

There is life after a short sale. There is life after Bankruptcy. There is even life after foreclosure. Anyone can fall on tough times. With the proper planning, you can become a homeowner again before you know it.