Blogs Tagged: FHA

FHA, Fannie Mae loan limits extended to 2011

Posted On: Thursday, September 30, 2010 - 2:44pm | Posted By: robrogers
Topics: Market Statistics

Great news for San Francisco home buyers, Congress has extended the increase in loan limits of $729,750 through Sept 2011!  This move makes many properties within the city eligible for these lower cost loans.  Loan limits over $729,750 are not insured by the government agencies and are generally much tougher to qualify for, and are at a higher interest rate.  If Congress had not passed this extension, the loan limit would have diminished significantly!

NAR Reports Increase in May Existing Home Sales

Posted On: Monday, July 12, 2010 - 12:07pm | Posted By: robrogers
Topics: Market Statistics

This brief video explains that May sales were reported substantially up.  In addition there are some REALLY great programs utilizing low down payment FHA loans for a variety of purchase/refinance scenarios including buying a fixer upper with FHA financing the fix up.

LGBT housing protections

Posted On: Friday, July 2, 2010 - 11:04am | Posted By: robrogers
Topics: Laws and Regulations

Great news for the LGBT community.  HUD has announced a new policy giving protections to lesbian, gay, bisexual and transgender people who file complaints of housing discrimination.  Although we are generally pretty liberal here in San Francisco, this policy extends throughout the entire country.  The new policy carries into rights under loan applications, and lender discrimination based on sexual orientation or gender identity.