When purchasing a home, it’s very important to take the interest rate of the home loan into consideration. A lower interest rate can end up saving you a large amount of money in the long run. At Indigo Mortgage, we make it our goal to educate the borrower as much as possible as well as
VA mortgage loans have made dramatic changes over the last few months. Here’s a general outline of the VA program and the most recent changes that have occurred. The VA has increased their funding fee requirements. The funding fee for a first-time use VA loan will increase from 2.15% to 2.3%. For subsequent use VA
It’s the beginning of a new decade, and with it comes many changes to home loans and mortgages. These changes are coming to many areas, but today, we will specifically focus on conventional and VA mortgages. Beginning January 1, 2020, big changes will take effect. Conventional loan limits will increase from $484,150 to $510,400. This