Mortgage Articles
New Conforming Loan Limits May Help More Homebuyers Purchase in Tough Markets
On November 30th, 2021, the Federal Housing Finance Agency (FHFA) made its official announcement of the new conforming loan limits for 2022 on loans funded by Fannie Mae and Freddie Mac. This means qualified homebuyers can apply for a conforming loan with a baseline of $647,200 and $970,800 for loans in high-cost areas. Due to […]
New Fannie Mae Feature May Help More Renters Become Eligible to Purchase First Home
In September, Fannie Mae announced it will allow single-family lenders to consider recurring rent payments in the applicant’s bank statement data to deliver a more inclusive credit assessment for customers.
Local lender lays out the 10 simple steps to buying your first house
Buying your first house. Sounds scary, huh? It doesn't have to be, especially if you have the right lender on your side. Envoy Mortgage will walk you through the entire process, from the day you apply for a loan to the day you close on your new home.
Different Home Loan Types & Down Payment Assistance
Buying a home is exciting, but it can be a little overwhelming when it comes to understanding how real estate financing works. Your local Envoy loan originator is ready to help you learn all the financial jargon and make you aware of any down payment assistance loan programs available to you for your unique financial situation.
Everything you need to know as a first time home buyer
Buying your first home should be exciting and not stressful. At Envoy, we make things simple for first time homebuyers to understand and we explain each loan milestone, so there are no surprises along the way. So, let’s get started.
Complete Guide: How to Buy A House
Buying a house can sound a little overwhelming, but with the right resources by your side it can be a painless experience. If this is your first time buying a home, don’t worry. We will be here to help you through the entire mortgage process, from the day you apply to the day you close on your new home. You are just ten steps away from holding your first set of house keys in your hand. Let’s go!