THE CUOMO TEAM Kimberly Cuomo
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Tag: Mortgage

Posted on 05/03/2021
Jumbo Loans: How Conforming Loan Limit Increase Affects the Jumbo Market
Image by Arek Socha from Pixabay If you bought a house that was over $484,350 prior to 2020, you had to get a jumbo loan, which is a non-conforming loan. The Federal Housing Finance Agency (FHFA) increased the limit on conforming loans to $510,400 in most areas. The FHFA also increased the loan limit to $765,600 in some...
Jumbo Loan
Loans
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Posted on 10/27/2019
Do I Qualify for an FHA Loan?
FHA loans have long been a valuable resource for Americans who want to fulfill their goal of homeownership but who don’t have the benefit of a lengthy credit history and equity. If you’re hoping to buy a home in the near future but want to explore all of your options in terms of financing, this article is for you....
Buying A Home
FHA Loans
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Posted on 09/29/2019
Spotting a Bad Mortgage Loan
Mortgage scams are everywhere, and many times are well disguised so they can be hard to uncover. Not all mortgage lenders have your interest at heart so when you go out for a mortgage loan, keep an eye on these warning signs and Mortgage scams are everywhere, but this time around they come like a wolf in sheep...
Mortgage
Scams
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Posted on 08/18/2019
Securing a Mortgage Loan Against Another Property
Most people that obtain a mortgage loan against another property usually plan to buy a second house. This means that they are not ready to sell or move out of their existing place of residence, but they wish to have a second house that they can occupy later, use as a vacation retreat or as an income property....
Mortgage
Second Home
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