Tag Archives: low mortgage rate

De Young Mortgage Is Hosting A FREE Homebuyer Financing Workshop – Saturday, June 29!

Join De Young Mortgage’s Free Homebuyer Financing Workshop: Your Guide to Financing Your New Home!

Are you dreaming of owning your own home but unsure where to start? De Young Mortgage is here to help! We’re excited to announce our FREE Homebuyer Financing Workshop, “The Roadmap to Financing Your New Home,” on Saturday, June 29, 2024. This event is designed to provide you with important information and tools to make your homeownership dreams a reality.

SEATING IS LIMITED: RSVP HERE and let us help you unlock the door to your new home!

Event Details:

Date: Saturday, June 29, 2024

Time: 10:00 AM – 12:00 PM

Location: De Young Properties Corporate Office, 677 W Palmdon Ave, Suite 208, Fresno, CA 93704

Why Attend?

Free Snacks & Refreshments: Enjoy a delicious morning snacks assortment and refreshments on us!

Prizes: Each attendee will have a chance to win a $15 Gift Card to Axxis Coffee Bar + Eatery at Tesoro Viejo.

Expert Insights: Gain valuable knowledge from our qualified De Young Mortgage Loan Officers.

Personalized Loan Assessment: Receive a free personalized loan assessment and roadmap to homeownership.

Free Pre-Approval Screening: Benefit from a pre-approval screening without impacting your credit score.

 

Event Topics:

Introduction to Home Ownership: Learn the essentials every homebuyer should know. We’ll cover various loan types including Conventional, FHA, VA, USDA, and NON-QM loans.

Choosing the Right Loan: Discover which loan type suits your needs, whether you’re looking at investment properties or a primary residence. We’ll discuss loan limits, down payment requirements, interest rates, and closing costs.

Qualifying for a Loan: Understand the criteria for loan qualification, including credit scores, co-signers, income requirements, and the cash needed for down payments and closing costs.

Q&A Session: Have your specific questions answered by our expert Loan Officers.

RSVP NOW!

Seating for this free event is limited, so we encourage you to RSVP as soon as possible to secure your spot. This is a unique opportunity to gain the knowledge and confidence you need to navigate the home buying process.

Important Information:

Eligibility: Must be 18 years or older to attend.

Disclaimer: Free pre-approval screening is valid for all attendees and will not negatively impact your credit score. The offer for a free personalized loan assessment is valid for one week from the date of the presentation.

Don’t miss out on this invaluable opportunity to take the first step towards owning your dream home. Join us at De Young Mortgage’s Homebuyer Workshop and start your journey with confidence and clarity.

 

*This is not an offer for extension of credit or the commitment to lend. All loans must satisfy company underwriting guidelines. Information is subject to change at any time and without notice. Jerry De Young, CA Bureau of Real Estate, Real Estate Broker License # 00524649 NMLS Lic. # 293347. De Young Mortgage, Inc. NMLS #1026010. De Young Mortgage, Inc. CA Bureau of Real Estate Real Estate Broker License #01926671.

Conforming Loan Level Increases to $766,550

Conforming Loan Level Increases to $766,550

Updated – 02/22/24

With an ever-changing real estate market, the Federal Housing Finance Agency has once again increased Fannie Mae and Freddie Mac’s loan limits, by offering conforming loans up to $766,550 for a single-family home in the Central Valley. What does this mean? This new limit means some qualifying borrowers may be able to qualify for conventional pricing with lower interest rates rather than relying on a jumbo mortgage, which typically have more stringent criteria. Bottom line, the increase to the maximum conforming loan amount gives purchasers and refinance borrowers expanded access to mortgage credit at lower rates. In terms of raw dollars, this is the biggest leap in the conforming loan limit history, bumping it by more than $75,000.

Here at De Young Mortgage, we see this as an opportunity to assist more clients with a conventional mortgage at lower interest rate. Let one of our dedicated Loan Officer professionals review your income, savings, liquid assets and debt situation then thoroughly review the various mortgage rates and options available to you.

Ready to get started? Click here to complete the online De Young Mortgage Pre-Qualification form today!

 

This is not an offer for extension of credit or the commitment to lend. All loans must satisfy company underwriting guidelines. Information is subject to change at any time and without notice. Jerry De Young, CA Bureau of Real Estate, Real Estate Broker License # 00524649 NMLS Lic. # 293347. De Young Mortgage, Inc. NMLS #1026010. De Young Mortgage, Inc. CA Bureau of Real Estate Real Estate Broker License #01926671.