The Federal Housing Finance Agency has announced that the maximum conforming loan limits for mortgages has increased. In most of the country, the confirming loan limits will increase nearly 6.5%, from $453,100 to $484,350 for 2019. For most high-cost areas, where 115% of the local median home value exceeds the loan limit, the loan limit …
The post FHFA Announces Conforming Loan Limit Increase In 2019 appeared first on Benchmark.
Benchmark Mortgage is proud to announce our partnership with Team Never Quit. This year, we will be hitting the road with the 2018 Patriot Tour! Our Team is proud to have changed the way VA lending is done, and we take a “never quit” attitude with our veterans and their dreams. NO MORE will the …
The post Benchmark and The Patriot Tour by Team Never Quit! appeared first on Benchmark.
Benchmark has launched a new mortgage product that is customized to the unique career and financial outlook of professionals in the medical field. Last year, we launched the Medical Doctor Loan Program to better serve medical residents and doctors. Now we have further expanded our options for medical professionals to include jumbo loan amounts up …
The post Benchmark Introduces New Program to Expand Options for Medical Professionals appeared first on Benchmark.
Yesterday, December 7, 2017, the Federal Housing Administration announced that for 2018, 3,011 out of 3,141 counties in the U.S. (~96% of all counties in the nation) will see an increase in FHA loan limits. Ceilings and Floors In high-cost areas, the FHA’s loan limit ceiling will increase this year to $679,650, up from $636,150, …
The post HUD Announces New FHA Loan Limits appeared first on Benchmark.
Last year, the conforming loan limit was set to increased to $424,100 for this year (2017). Now, most of the United States will see an increase for single unit properties to $453,100 for 2018. The HERA (Housing and Economic Recovery Act) indicates that the baseline conforming loan limit should be adjusted with the change in …
The post Conforming Loan Limits Set To Increase For 2018 appeared first on Benchmark.
Source: September S&P CoreLogic Case-Shiller National Home Price NSA Index Up 6.2% In Last 12 Months Recent Analysis of the September HPI figure show as a 6.2% annual gain in home prices, up 5.9% from the previous month. Several large markets that were hit hardest in the financial crisis are reporting the highest gains, including …
The post National Home Price Index Up 6.2% In Last 12 Months appeared first on Benchmark.
The following is where you can divert your attention, donations, and time (if permissible). We know that people are generous and want to know how to help those in need. This list was first published by Texas Monthly (http://www.texasmonthly.com/the-daily-post/ways-can-help-people-hurricane-harvey) It has been adapted to be a quick glance sheet. Help Children The Texas Diaper Bank — assembling …
The post Here Is How You Can Help Victims Of Hurricane Harvey appeared first on Benchmark.
Benchmark understands that life moves quickly, especially if you’re in the medical field. That’s why we go the extra mile to accommodate your busy schedule and unique financial outlook. Benchmark is now offering a program geared specifically toward doctors! The program is for borrowers with a medical license who would like to use future income …
The post Benchmark Introduces the Medical Doctor Loan Program appeared first on Benchmark.
Calling it “Dynamic Ads for Real Estate,” Facebook describes the service, Facebook’s dynamic ads for real estate leverage cross-device intent signals to automatically promote relevant listings from your inventory with a unique creative on Facebook. This is the first time the social media giant has ventured into Real Estate specific advertising, raising potential concern for …
The post Facebook Introduces Targeted Real Estate Advertising appeared first on Benchmark.
[This is an update to our previous blog post here] Merely moments after being sworn in as our nation’s 45th President, President Trump’s HUD indefinitely suspended the MIP reduction of 25basis points, that was scheduled to begin on January 27th.
The post HUD Mortgage Insurance Premiums Reduction Indefinitely Suspended appeared first on Benchmark.