Mortgage
New FHA Loan Limit 2021 – Guide Given massive year-over-year gains in home prices, the Federal Housing Administration (FHA) is increasing its 2021 loan limit in most of the U.S. to $356,362, an increase of nearly $25,000 over 2020’s loan limit of $331,760. That loan limit figure is determined as a percentage of the national conforming loan limit for Fannie Mae and Freddie Mac,… [Read More]
It’s never been a better time to refinance than now! Rates remain at historic lows not seen in a decade. If you’re not sure if now is the right time call us today for a free evaluation of your scenario and savings! We are local mortgage experts with broker pricing that is more aggressive than… [Read More]
News Release FHFA Announces Conforming Loan Limits for 2021 Fannie Mae and Freddie Mac Baseline Limit Will Increase to $548,250 FOR IMMEDIATE RELEASE 11/24/2020 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021. In most of… [Read More]
With mortgage rates hitting all-time lows the past few weeks we are getting tons of calls asking “Is it a good time for a Mortgage Refinance”. That answer depends on a few things. We’ll go into some of the questions you should be asking yourself and lender when thinking of refinancing. This can often get… [Read More]
How To Help Your Kids Build Wealth (how about millions) It might sound silly but, it’s never to early to teach your kids about the responsibility of saving money. If you don’t teach them who will? This blog will introduce some basic saving concepts for you to implement with your children and set a foundation… [Read More]
FHA Flipping Rules There is a great opportunity with flipping properties that allow investors to make a profit while providing homebuyers greater options to shop. FHA property flipping has been a hot topic with the volume of renovations going on in Texas. Let’s review the basic rules and what you need to know about using an… [Read More]
***Click on our latest updates for NEW 2021 Loan Amounts***Updated 12/10/2020 https://www.txpremiermortgage.com/2021-conforming-new-loan-limit-increase-to-548250/ https://www.txpremiermortgage.com/new-fha-loan-limit-2021/ Texas Mortgage Loan Limits increase in 2020 to $510,400 for Texas Home Loans. This makes it easier to qualify for higher loan balances using a conventional loan option. The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie… [Read More]
What is an FHA Loan? FHA Loans in Texas are easy with Texas Premier Mortgage. No Lender Fees, Low Credit and First Time Home Buyers are easy to qualify. 3.5% Down Payment. An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for… [Read More]
Using the equity in your home is a great way to fund that major expense using the equity you’ve built in your own home. Review this home equity loan information for all the details on your next loan. You can use the equity you have in your home to secure financing for your next large… [Read More]
We’re the community lender in Texas with all the resources needed to help you reach your goals. Our home loan experts take time to listen to your needs and then help you find the right solution. Fixed rate mortgages have a set interest rate, so the payment stays the same for the life of the loan. Consider… [Read More]
NMLS #898360
