I was inspired to write this blog by a recent question on this site, “What is your role in the loan process”. I’m the loan officer, the middleman, plan and simple. On one side of my business I have my clients that need money to buy, build or refinance their home. On the other side...Read More

First understand that there are two underwriters, the automated one and the human one. All conventional and government loan files are first submitted through a software package that we generically refer to as an Automated Underwriting System or AUS for short. The two most common systems are Fannie Mae’s Loan Prospector and Freddie Mac’s Desktop...Read More

Recently announced, the standard Fannie/Freddie loan limit for 2019 will be $484,350 for a single family home according to the The Housing Wire, https://www.housingwire.com/articles/47489-fannie-freddie-conforming-loan-limits-increase-in-nearly-every-part-of-the-us. In some “high cost’ areas the single family limit will raise to as much as $726,525. Does this mean that the FHA/VA limits will go up as well? Stay tuned! For more information give me...Read More