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Loan Types

Loan Types Articles

What Are Government-Insured Mortgages?

The purpose of the government backing loans is to ensure that certain borrowers who may not be able to obtain a Conventional mortgage for various reasons have access to mortgage credit and are therefore able to buy a home.

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FHA Loan Limits Set to Increase in 2021

In late November, Fannie Mae and Freddie Mac announced that they were increasing their maximum conforming loan limits in 2021, but the GSE loan limits aren't the only ones going up. The Federal Housing Administration announced that it is increasing the loan limits for FHA mortgages in 2021.

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