Mortgage Programs

What and How Much is Private Mortgage Insurance (PMI)?

  What is Private Mortgage Insurance (PMI)? If you purchased a home with less than a 20% down payment, or you’re about to, you’re familiar with Private Mortgage Insurance (PMI). PMI is an ‘evil villain’ in the eyes of family and friends who’ll likely tell you to “avoid it at all costs.” But in reality, PMI is a good thing. It’s a tool that lets you buy a home without saving for a down payment for years by offering an insurance policy to the lender in case you stop paying your mortgage. The…continue reading →

0%-10% Downpayment Options for Your Next Home Purchase

You do the math, then check the balance in your savings account, and then do the math again. By your calculations, it'll take another three, maybe five (!) years to save enough for a 20% down payment on your first home. What's worse, home prices keep rising, and that's pushing the timeline further away. If only there was a way to make it happen sooner and use the money you've already saved. The good news is there are loan options that allow home buyers to make less than the traditional 20% down payment.…continue reading →

2022 FHA LOAN LIMITS FOR VIRGINIA (VA)

2022 FHA Loan Limits For Virginia is $420,680 and goes up to $970,800 for high-cost counties for one-unit properties. 2022 FHA Loan Limits For  Virginia for 2-unit properties is $538,650 and goes up to $1,243,050 for high-cost counties. 2022 FHA Mortgage Loan Limits for Accomack County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Albemarle County 1 Unit – $460,000 2 Unit – $588,850 3 Unit – $711,800 4 Unit – $884,600 2022 FHA Mortgage Loan Limits for Alexandria…continue reading →

2022 FHA LOAN LIMITS FOR WASHINGTON (WA)

2022 FHA Loan Limits For Washington is $420,680 and goes up to $891,250 for high-cost counties for one-unit properties. 2022 FHA Loan Limits For Washington for 2-unit properties is $538,650 and goes up to $1,140,950 for high-cost counties. 2022 FHA Mortgage Loan Limits for Adams County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Asotin County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Benton…continue reading →

2022 FHA LOAN LIMITS FOR TEXAS (TX)

2022 FHA Loan Limits For Texas is $420,680 and goes up to $483,000 for high-cost counties for one-unit properties. 2022 FHA Loan Limits for Texas for 2-unit properties is  $538,650 and goes up to $618,300 for high-cost counties. 2022 FHA Mortgage Limits for Anderson County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Limits for Andrews County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Limits for Angelina County 1  Unit…continue reading →

2022 FHA LOAN LIMITS FOR TENNESSEE (TN)

2022 FHA Loan Limits For  Tennessee is $420,680 and goes up to $694,600 for high-cost counties for one-unit properties. 2022 FHA Loan Limits for Tennessee for 2-unit properties is $538,650 and goes up to $889,200 for high-cost counties. 2022 FHA Mortgage Loan Limits for Anderson County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Bedford County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Benton…continue reading →

2022 FHA LOAN LIMITS FOR SOUTH CAROLINA (SC)

2022 FHA Loan Limits For South Carolina is $420,680 and goes up to $473,800 for high-cost counties for one-unit properties. 2022 FHA Loan Limits For South Carolina for 2-unit properties is $538,650 and goes up to $606,550 for high-cost counties. 2022 FHA Mortgage Loan Limits for Abbeville County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Aiken County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits…continue reading →

2022 FHA LOAN LIMITS FOR PENNSYLVANIA (PA)

2022 FHA Loan Limits For Pennsylvania is $420,680 and goes up to $970,800 for high-cost counties for one-unit properties. 2022 FHA Loan Limits For Pennsylvania for 2-unit properties is $538,650 and goes up to $1,243,050 for high-cost counties. 2022 FHA Mortgage Loan Limits for Adams County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Allegheny County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Armstrong…continue reading →

2022 FHA LOAN LIMITS FOR OKLAHOMA (OK)

2022 FHA Loan Limits For Oklahoma counties is $420,680 and for 2-unit properties is $538,650. See below the list of all FHA Loan Limits 2022 For Oklahoma counties for 1, 2, 3, and 4 Unit properties. 2022 FHA Mortgage Loan Limits for Adair County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Alfalfa County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Atoka County 1 …continue reading →

2022 FHA LOAN LIMITS FOR OREGON (OR)

2022 FHA Loan Limits For Oregon is $420,680 and goes up to $599,150 for high-cost counties for one-unit properties. 2022 FHA Loan Limits For Oregon for 2-unit properties is $538,650 and goes up to $767,000 for high-cost counties. 2022 FHA Mortgage Loan Limits for Baker County 1  Unit – $420,680 2 Unit – $538,650 3 Unit – $651,050 4 Unit – $809,150 2022 FHA Mortgage Loan Limits for Benton County 1  Unit – $483,000 2 Unit – $618,300 3 Unit – $747,400 4 Unit – $928,850 2022 FHA Mortgage Loan Limits for Clackamas…continue reading →