Conforming Mortgages - Page 2

Conventional loans have a few basic property standards, but no in-depth home condition requirements. You likely want a home inspection anyway.

Knowing the difference between Fannie Mae and Freddie Mac can help you get approved for a mortgage. Here's what you need to know.

For millions of Americans, Fannie Mae has a lot to do with whether or not you qualify for a mortgage and how much you'll pay. Here's what you should know.

For millions of Americans, Freddie Mac has a lot to do with whether or not you qualify for a mortgage and how much you'll pay. Here's what you should know.

Debt-to-income requirements can make it harder to get a mortgage if you have lower income or live somewhere expensive. A new rule in 2020 could change that.

Home Possible Advantage, offered by Freddie Mac, and HomeReady, offered by Fannie Mae, are similar programs for homebuyers without large down payments. Here's an explanation of the program differences, and how they might matter to you.

What's happening with the government shutdown and mortgage closings? Find out how you will (or won't) be affected.

A mortgage rates drop can save you money. Be sure you're ready to take advantage when this occurs.

Fannie Mae Homestyle® mortgages are now better than ever, thanks to higher loan-to-values, increased remodeling budgets and expanded property guidelines.

Can you get a mortgage if you owe back taxes? Fannie Mae says you can, if you follow these tips.

Rising mortgage rates mean higher payments, and that impacts home affordability. But the relationship is more complicated than that, and the news may not be as bad as you think.

Conforming mortgages this year will be a little different, thanks to changes at Freddie Mac and Fannie Mae. Here are the ones most likely to affect you

Fannie and Freddie have made it easier for home buyers in "high-cost" areas to get mortgage-approved. Rates are now lower and mortgage standards more loose.

Fannie Mae and Freddie Mac set conforming loan limits for the country. The complete 2015 loan limits, plus a lookup chart by U.S. county. Analysis and live rates.

Fannie Mae's Conventional 97 mortgage program is official. Just 3% down and ultra-low mortgage insurance rates. Easy-to-follow guidelines.

For 2013, conforming loan limits range to $625,500 for a purchase and $729,750 for a refinance.

Mortgage underwriting may be strict, but there's no magic formula for getting approved. Satisfy the Mortgage Income-Equity-Credit Triangle.

In Winter 2011, Fannie Mae changed its mortgage guidelines to favor personal income over personal assets. Check the "Cheat Sheet" to see how you'll be affected.

In 2011 -- for the 6th consecutive year -- the single-family conforming mortgage loan limit will be $417,000. The "high-cost" area program is extended, too.

For the second time in 10 weeks, Fannie Mae is toughening its mortgage guidelines again. Again. According to an internal Fannie Mae document, a review of the group's current "risk appetite, eligibility requirements, mortgage insurance options, and pricing" spawned changes spanning credit scoring, income requirements, loan-level pricing adjustments.