Midgate Mortgage

Happy Halloween!

Did someone ask for Jumbo Loan FHA Limits? Here you go! Yes, FHA can be involved all the way up into the $600,000's.

What Is a Jumbo Mortgage and When Do You Need One? https://goo.gl/hM7FF4

You're not taking full advantage of Costco... unless you're doing this.

Encouraging news.

Buyers: Challenged by Student Debt? Consider Down Payment Programs https://goo.gl/iQwdii

What Is a Jumbo Mortgage and When Do You Need One? https://goo.gl/YJtGbZ

Q): What is the first thing a person does when they have bad credit and they want to improve their credit score? A): They dispute all of the accounts with late payments! Question: What do they do next? Answer: They look online and see that their credit score jumped by 63 points and they call me to get a loan... But....... Q:) What do I do? Answer: I tell them the disputes need to be removed from their credit if they want a home loan and then their credit score goes down. On top of that, when I run their credit the score is going to be lower than what they ran online, because we use a different scoring model in the mortgage industry than they do online. Have a question about mortgages? Fire away..

Feel free to visit the website and confirm it for yourself! https://www.midgate.net

FHA VS. Conventional: Which is Better? Here's the Conventional 97..

Assuming a borrower gets the average 30-year fixed rate on a conforming $453,100 loan, last year’s rate of 3.96 percent and payment of $2,153 was $148 lower than this week’s payment of $2,301. VA Loans getting an extra $50k for rehab? Yes please. https://www.ocregister.com//va-offers-up-to-50000-for-hom/