For the first time since 2006, the conforming loan limits have increased. In 2017, the baseline loan limit for most counties across the U.S. will be $424,100, a slight increase over 2016. More expensive markets, such as New York City and San Francisco, have conforming loan limits as high as $636,150. Anything … Read More
PRESS RELEASE Award-winning mortgage lender opens new office in Philadelphia PHILADELPHIA, PA, November 11, 2016– Centennial Lending Group, LLC, a growing mortgage bank headquartered in Maple Glen, PA, will soon open an office in Center City managed by Kevin Berju. Kevin and his team bring over 23 years of professional … Read More
Maintenance Tips for the End of Summer It’s time. Sigh. Summer has drawn to a close, like it or not, and Fall has arrived! Before the leaves fall and the wind turns chilly, it’s a good idea to do some seasonal maintenance on your home. Here are some things to … Read More
Even if you can easily afford your mortgage every month, the idea of living debt free after paying off your home loan early can be pretty tempting. If you do decide to pay off your home loan early, you’ll save money from skipping out on the interest tacked on your … Read More
91% Millennials Want to Own a Home Most renters would like to take the next step toward homeownership. They just don’t think they can – yet. This makes sense considering some renters require rent assistance from any source possible, for example GoFundMe finds that some FundMe pages are asking for … Read More
Check out our own Susan Meitner in the National Mortgage Professional Magazine’s July issue on Social Media Month and.. 50 Most Connected Mortgage Professionals! Click here.
Doug T. writes, “There’s a strange new trend in the office: people are putting names on food in the company fridge to keep them cold. Today I had a sandwich named Kevin.” There are some real estate markets that are anything but cold, but what is a “hot” housing market? … Read More
Mortgage Terminology 101 Navigating the home-buying process can be a challenge, for first-timers and seasoned buyers alike. In addition to looking for the perfect home, prospective buyers need to be knowledgeable about the ins and outs associated with choosing a mortgage, beginning with having a general understanding of the terminology … Read More
Warning: The most popular WORST Mortgage advice and why you should not listen! Getting a mortgage can be a daunting prospect that isn’t at all straightforward. For most home buyers, they want to access a mortgage loan that will help them to purchase the house of their dreams. If that’s … Read More
Rates are again low and banks are loosening up, but sterling credit still pays. After the housing crisis, mortgage lending standards became unreasonably tight for many. In 2014, only 51% of refi applications went through, according to mortgage-software company Ellie Mae, and one that didn’t gained notoriety: That year Ben … Read More