Category: Intro to Mortgages

FHA Loan Limits

How FHA Loan Limits Affect You

FHA (Federal Housing Administration) loan limits are an important factor to consider when purchasing a home. FHA loan limits refer to the maximum amount of money that you can borrow using an FHA-insured loan. Here are some ways in which FHA loan limits can affect your home purchase: Loan Amount: FHA loan limits determine the...

Jet Direct House Plans

Three Types of Mortgage Payments

Jet Direct Mortgage The terms used in the mortgage industry can be confusing. A mortgage payment looks like one large payment, but it is actually made up of several different parts. The main parts of payments are principal and interest. The amount of your monthly mortgage payment is based on your loan amortization, which is...