Loan limits increased across the nation again in 2020. Here are the new California FHA and conforming loan limits for 1 unit properties by county: **2-4 unit properties have higher loan limits- contact us for those. County FHA Conv. Alameda 765,600 765,600 Alpine 463,450 510,400 Amador 355,350 510,400 Butte 331,760 510,400 Calaveras 373,750 510,400 Colusa […]
Program to Help Parents Who Want to Purchase a Home for Their Disabled Adult Child
There is a little know program offered Fannie Mae that allows parents of physically or developmentally disabled children to purchase a home for their adult child as an owner-occupied home. These parents will likely already own an owner-occupied home and the advantages of being able to purchase another home as owner occupied are twofold. The […]
Joke, Fun Fact, and Weekly Mortgage Tid Bit About: Investor Loans
By Brian VerBurg #MortgageTidBit #InvestmentProperty #RealEstate #RentalProperty #HomeLoans Knock! Knock! Who’s there? Candice. Candice Who? Candice door open, or am I stuck? Fun Fact: The Blue Whale is the largest animal to have EVER lived on earth, weighing up to 300,000 pounds. Their tongues alone can weigh as much as an elephant – their hearts, […]