Can you get a Conventional loan in 2021? Here’s everything you need to know to find out!
- Loan limit lookup → https://www.fhfa.gov/DataTools/Tools/Pages/Conforming-Loan-Limits-Map.aspx
- HR/HP AMI map → https://ami-lookup-tool.fanniemae.com/amilookuptool/
- LTV chart → https://singlefamily.fanniemae.com/media/20786/display
✅ Talk With A Helpful Loan Officer Anywhere in the US & Canada: https://www.winthehouseyoulove.com/apply
HOME BUYER TOOLS:
✅ Free Max Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculator
✅ Step-By-Step Home Buying Timeline: https://www.winthehouseyoulove.com/#timeline
✅ Student Loan Savings Calculator: https://www.winthehouseyoulove.com/student
✅ Today’s Interest Rates: https://www.winthehouseyoulove.com/todays-rates
0:00 Conventional loan requirements
0:24 Overview
2:18 COVID Changes
3:48 Down Payment/Closing Costs
6:19 Credit Requirements
7:47 Credit Events
8:22 Student Loans
10:32 Rates
11:33 Mortgage Insurance
13:16 Property Requirements
13:54 Example Homes
14:47 Loan Limits
15:48 Appraisals
17:30 Employment
18:42 Debt-To-Income Ratio
21:35 Seller Credits
22:49 Special Requirements/Features
26:00 HomeReady/HomePossible
27:28 Refinancing
28:41 Cost Comparison
31:13 Seller Perception
32:49 How To Apply
34:29 The 4 Main Types Of Loans
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Kyle Seagraves
NMLS# 1701021
Motto Mortgage Alliance
8900 N. Dixie Dr.
Dayton, OH 45414
Equal Housing Opportunity