Larry Morris's (larrym) Blog

Real Estate Mortgage Broker - HomeServices Lending



Special Update:New guidelines were issued today for the monetizing of the $8,000 first-time homebuyer tax credit that was announced by HUD and then delayed by HUD. The primary change is that the money cannot be applied toward the 3.5% down payment. It can be used for a larger down payment or appl...
Posted almost 5 years ago
By Karen Epper Hoffman, NRMLA The recent increase of the national loan limit for Home Equity Conversion Mortgages (HECMs) is barely a month old and already lenders see it as a game-changer.  The federally insured HECM limit climbed to $625,500 from $417,000 on Feb. 17, when President Obama signed...
Posted almost 5 years ago

Larry Morris

Larry Morris, NMLS 150073
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