The Federal Housing Administration (FHA) has proposed new guidelines that would make it easier for borrowers to qualify for FHA-insured mortgages by using rental income from individuals living in their homes. https://hubs.la/Q02Z4wLn0 #Mortgage #Housing #FirstTimeHomebuyer
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"Big changes in the housing market! ?? The government is now offering 30-year mortgages for new homebuyers and those purchasing new construction. Plus, the insured mortgage cap has increased from $1 million to $1.5 million, making it easier to qualify for larger loans without a 20% down payment. More flexibility, more opportunities! ?? ?? info@sureloanforyou.ca ?? +1 (416) 710 9000 ?? https://sureloanforyou.ca #economicupdate?#financenews?#canadianeconomy?#financialdecisions?#sureloanforyou?#canadanews?#banknews?#mortgegbroker?#mortgagespecialist?#mortgagespecialists?#mortgageexpert?#sureloanforyou #MortgageUpdate #Homebuyers #HousingMarket #NewHome #RealEstate #FinancialFlexibility"
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CFPB Proposes Rules to Help Homeowners Avoid Foreclosure Proposed rules would require servicers to help homeowners before foreclosing, give servicers more flexibility by reducing paperwork requirements, and improve communication with homeowners WASHINGTON, D.C.?— The Consumer Financial Protection Bureau (CFPB) today proposed new rules to make it easier for homeowners to get help when they are struggling to pay their mortgage. The proposal, if finalized, would require mortgage servicers to focus on helping borrowers, not foreclosing, when a homeowner asks for help. The proposed changes would also make it simpler for servicers to offer assistance by reducing paperwork requirements, improve communication with borrowers, and ensure critical information is provided in languages borrowers understand. The CFPB is requesting comment about several other topics, including possible approaches it could take to ensure servicers are furnishing accurate and consistent credit reporting information for borrowers undergoing review for assistance.
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Your children may have the income to cover the cost of mortgage payments & home upkeep, but more parents are giving their kids financial gifts for a down payment in today's housing market. Should you? https://ow.ly/ubZg30sCoYP #RichardsonWealth #WealthManagement #HomeOwnership
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Your children may have the income to cover the cost of mortgage payments & home upkeep, but more parents are giving their kids financial gifts for a down payment in today's housing market. Should you? https://ow.ly/n54B30sCu11 #RichardsonWealth #WealthManagement #HomeOwnership
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Your children may have the income to cover the cost of mortgage payments & home upkeep, but more parents are giving their kids financial gifts for a down payment in today's housing market. Should you? https://ow.ly/lX3z30sCCLj #RichardsonWealth #WealthManagement #HomeOwnership
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The 2025 conforming loan limits increased to $806,500. This increase helps potential buyers by: - Making it easier to finance a home with lower down payment options at competitive rates - Allowing buyers in high-priced areas to qualify for larger mortgages with more flexible qualifying criteria compared to other loan programs - Putting potential homebuyers ahead of the game in a competitive housing market with low inventory Interested in learning more about how loan limits can affect affordability? Feel free to give me a call! #swbcmortgage #happiestwayhome
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The 2025 conforming loan limits increased to $806,500. This increase helps potential buyers by: - Making it easier to finance a home with lower down payment options at competitive rates - Allowing buyers in high-priced areas to qualify for larger mortgages with more flexible qualifying criteria compared to other loan programs - Putting potential homebuyers ahead of the game in a competitive housing market with low inventory Interested in learning more about how loan limits can affect affordability? Feel free to give me a call! #swbcmortgage #happiestwayhome
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The 2025 conforming loan limits increased to $806,500. This increase helps potential buyers by: - Making it easier to finance a home with lower down payment options at competitive rates - Allowing buyers in high-priced areas to qualify for larger mortgages with more flexible qualifying criteria compared to other loan programs - Putting potential homebuyers ahead of the game in a competitive housing market with low inventory Interested in learning more about how loan limits can affect affordability? Feel free to give me a call! #swbcmortgage #happiestwayhome
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The 2025 conforming loan limits increased to $806,500. This increase helps potential buyers by: - Making it easier to finance a home with lower down payment options at competitive rates - Allowing buyers in high-priced areas to qualify for larger mortgages with more flexible qualifying criteria compared to other loan programs - Putting potential homebuyers ahead of the game in a competitive housing market with low inventory Interested in learning more about how loan limits can affect affordability? Feel free to give me a call! #swbcmortgage #happiestwayhome
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????????? Big news for homebuyers in 2025! The new year is FAST approaching and changes are coming! Starting January 1, the conforming loan limits for single-family homes are increasing, making it easier for more buyers to qualify for government-backed mortgages. Here's a breakdown of what’s changing and how it may affect you: https://lnkd.in/gYJRCPcJ #homebuyingtips #realestatenews #mortgageupdate #2025housingmarket #conformingloanlimits
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