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Almost Famous for Mortgages
Becoming famous, one mortgage at a time.
Listed in: Loans
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Author: Mark
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Posted on Friday March 14th, 2008 at 12:25 pm
As of March, 2008, FHA Loan Limit Caps have been increased. The new loan limits allow loan amounts as high as $729,750 for one-unit properties,(high-cost areas), and they open up additional home financing opportunities for consumers. The maximum loan lim...
Posted on Wednesday January 9th, 2008 at 2:00 pm
   It's gone seemingly unnoticed over the past couple of weeks due to the holidays, time of year, etc., but we've gone from mid 6's to: 5.75% on a 30 Year Fixed Mortgage. (as of 1/09/200 UPDATE: January 22, 2008: Federal Reserve announced a unpreceden...
Posted on Monday January 7th, 2008 at 11:27 am
 As most of you know, I personally never dealt with subprime business. At First Horizon Home Loans, (my previous employer), we had a process of passing "subprime" borrowers to a specialized "alternative" credit department. Simply put, these loans would b...
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