Are you in the market to buy a house? An FHA loan in Oregon can be an excellent option. FHA loans not only have more flexible credit requirements, but they also come with a lower down payment option. There’s one downside. FHA loans have caps on how much you can borrow. And the limits vary by county. Throughout most of the state’s 36 counties, FHA limits in Oregon are $331,760. But in a few places – namely Portland and Hood River – your borrowing power is much higher. Knowing what to expect with an FHA loan is crucial to your [...]

FHA loans limit how much you can borrow. The limits can vary by county, and the Federal Housing Administration (FHA) updates those limits every year. That means FHA loans in Florida for 2020 have different borrowing limits than they did in 2019. The standard cap for a single-family home is $331,760. But Florida limits work a little differently. Because borrowing caps are based on 115% of median home prices, Florida’s limits are below the standard in some areas. That’s why it pays to go with a lender familiar with FHA guidelines. Here at the Wendy Thompson Lending Team, we’ve got [...]

FHA loans are fantastic options for homebuyers in Texas. They offer flexible financing and low down payments. The amount you can borrow fluctuates from year to year. And did you know the FHA loan limit can vary by county? Here at the Wendy Thompson Lending Team, we’ve done the heavy lifting – we have the inside scoop on FHA loans in Texas for 2020. And it’s a good thing, too. With 254 counties in Texas, that’s a lot of data to keep track of! Keep reading to see how much house you can buy in Texas. [tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) [...]

So, you’re ready to buy a house, but you’re not sure what rates you might qualify for. A credit score of 680 to 720 is pretty good. With a score in that range, you could get a low interest rate on a FHA loan. But there’s a catch. Lenders don’t like to tell you what rates you might expect without first getting your personal info. Why would you share your info if they won’t share theirs? That’s one thing that sets the Wendy Thompson Team apart: We give you the goods up front. You’ll never wonder what your rates might [...]

So, you’re ready to buy a house, but you’re not sure what rates you might qualify for. A credit score of 680 to 720 is pretty good. With a score in that range, you could get a low interest rate on a FHA loan. But there’s a catch. Lenders don’t like to tell you what rates you might expect without first getting your personal info. Why would you share your info if they won’t share theirs? That’s one thing that sets the Wendy Thompson Team apart: We give you the goods up front. You’ll never wonder what your rates might [...]

Are you looking to buy a house? It’s an exciting time, to be sure. But it’s a lot of work.Finding the perfect home is hard enough.You must also deal with FHA lenders, gather financial paperwork, and jump through hoops to meet all the FHA loan requirements.Before you throw your hands up in despair, know that we’re here to help.The Wendy Thompson Lending Team is like a breath of fresh air.We’ll help you figure out your FHA loan eligibility and check all the boxes to get you into your new home.[tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) { if(event.data.length >= 22) { if( event.data.substr(0, [...]