We've just learned that HUD will reduce the California FHA annual mortgage insurance premium (MIP) for 2017, effective later this month. This could save homeowners an average of $500 this year, according to officials. In 2017, the annual MIP for…
Home buyers in Orange County, California will get higher loan limits in 2017, thanks to a nationwide revision announced at the end of 2016. The 2017 single-family loan limit for Orange County will go up to $636,150. This applies to…
Alameda County FHA loan limits will go up in 2017, in response to home price increases that occurred over the last year. The maximum loan limit for a single-family home in Alameda County will go up to $636,150 in 2017…
Home buyers in Riverside County, California will get higher conforming loan limits in 2017, thanks to recent actions by a key federal housing agency. The revised loan limit for a single-family home will increase to $424,100 in 2017, compared to…
You have a lot of options when it comes to choosing a home loan in California. First-time buyers, in particular, often feel overwhelmed by the many different options available these days. In this guide, we'll explore the different types of…
The conforming loan limit for most of the San Francisco Bay Area is $625,500, for a single-family home. The two exceptions are Sonoma County, with a single-family loan limit of $554,300; and Solano County, which is capped at $417,000. Anything…
FHA loans are a popular financing tool among Walnut Creek home buyers. They are especially popular among first-time buyers who have limited funds for a down payment. Our Walnut Creek FHA loan guide explains how this program works, and how…
Home prices in Alameda County have risen steadily over the last few years, though they now appear to be leveling off a bit. As a result of this rising trend, the median sales price in the area now exceeds the…
Update: Loan limits will go up in 2017 FHA loan limits for Alameda County and Contra Costa County remain unchanged for 2016. They were carried over from 2015 with no changes, because the Department of Housing and Urban Development (HUD)…
Are you thinking about using a VA loan to buy a house? Smart move. It's a great program with a lot of benefits for borrowers. The 2016 VA loan limit for Contra Costa County is $625,500. That's the most the…
