Tag: loan limits

VA- 2020 Loan Limits – Circular 26-19-33 – NEW MC Chart – Loan Limit Calculation Examples – Updated Loan Limits Calculator

Written by: Tracey Rumsey, Staff Writer On the first of each year, we can expect loan limit adjustments from the agencies each year. Here are VA’s updates. Rule Synopsis: The VA County Loan limits that are used to calculate loan guaranty for 2020 have been established. Note the following: County loan limits do not apply […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

VA Circular 26-19-30, Updated Guidance for Blue Water Navy Vietnam Veterans Act of 2019 – NEW MTP™ How the Blue Water Act Changed VA Home Financing

Written by: Tracey Rumsey, Staff Writer Big changes are coming to VA financing programs effective January 1, 2020, so read through this update to be sure your loans are covered during the transition period. Rule Synopsis: Effective with loans closed on or after January 1, 2020: For loans above $144,000 made to purchase, refinance (cash-out […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Freddie Mac Selling Guide Update – Bulletin 2019-25 – Dated December 4, 2019 – Updated MTP™ – GreenChoice® Home Loans – Energy Efficient & Earth Friendly

Written by: Lloyd Rutherford, Staff Writer There are some game-changer updates in this article that will give you the edge over your competition if you read through these changes! Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus on the topics that benefit originators. The updates […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

FHA – 2020 Loan Limits, Mortgagee Letter 2019-19 – Effective Jan. 1, 2020

Written by: Tracey Rumsey, Staff Writer Just because loan limits change does not mean that loan limits increase. In some areas they do and in other areas they actually decrease. Read through this update to determine how the new loan limits affect your area. Rule Synopsis: Effective Date The mortgage limits announced in the letter […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

VA Circular 26-19-23, Blue Water Navy Vietnam Veterans Act of 2019, Effective for loans closed on or after January 20, 2020

Written by: Tracey Rumsey, Staff Writer The Blue Water Act is a game changer for VA downpayments in high-cost areas. But there are details you need to know! Read this article to find out more. Rule Synopsis: Effective with loans closed on or after January 1, 2020: For loans in excess of $144,000, the Freddie […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top