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Home » Archive for  Financing
Jocelyn Ucedo, Puerto Rico Real Estate

Category: Financing

January 2, 2022April 3, 2022 Island HomesLeave a comment

Higher Loan Limits to Give Consumers More Homebuying Power in 2022

Buying, FinancingFannie Mae FNMA, FHA Loans, Puerto Rico Financing, Puerto Rico Loans
September 2, 2020May 20, 2022 Island HomesLeave a comment

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love Read More …

Buying, FinancingFinancing, Pre Approval
January 20, 2020January 20, 2020 Island HomesLeave a comment

FHA loan limits for Puerto Rico – 2020

Mortgage Lenders in Puerto Rico

To qualify for an FHA loan in Puerto Rico, your home loan must be below the local FHA loan limits in your area. For 2020, the maximum loan limit in Read More …

FinancingFHA Limits
December 25, 2019 Island HomesLeave a comment

FHA loan limits for Puerto Rico – 2019

Loan Limits fro FHA 2019

Here are the FHA loan limits for the Puerto Rico counties. Homebuyers only require a 3.5% down payment with an FHA mortgage if they stay at or below the maximum Read More …

FinancingFHA Limits
October 31, 2019September 28, 2019 Island HomesLeave a comment

Things to Avoid After Applying for a Mortgage

Things to Avoid After Applying for a Mortgage

Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large Read More …

FinancingApplying for a Mortgage
August 14, 2019September 28, 2019 Island HomesLeave a comment

FHA Issues New Condominium Rule

FHA ISSUES NEW CONDOMINIUM APPROVAL RULE

Comprehensive policy revisions include the ability to approve individual units in non-approved condo projects WASHINGTON – In an effort to promote affordable and sustainable homeownership, especially among credit-worthy first-time buyers, Read More …

FinancingCondominium approval regulation, Condominiums, FHA Insurance, HUD
July 17, 2019September 28, 2019 Island HomesLeave a comment

Why Is So Much Paperwork Required to Get a Mortgage?

Why Is So Much Paperwork Required to Get a Mortgage

When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires Read More …

FinancingFinancing
June 19, 2019September 28, 2019 Island HomesLeave a comment

What You Need To Know About Private Mortgage Insurance (PMI)

What You Need To Know About Private Mortgage Insurance

Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of Read More …

FinancingFinancing, Private Mortgage Insurance (PMI)
June 13, 2019September 28, 2019 Island HomesLeave a comment

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

  Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a Read More …

FinancingBuying Tips, First-Time Home Buyers
May 23, 2019March 7, 2020 Island HomesLeave a comment

The Benefits of a 20% Down Payment

The Benefits of a 20% Down Payment

If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Read More …

FinancingDown Payments, Financing, Veterans Affairs Home Loan (VA)

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  • Announcing RE/MAX Island Homes
  • Higher Loan Limits to Give Consumers More Homebuying Power in 2022
  • BUYING A HOME IN PUERTO RICO? 7 WAYS TO ENHANCE YOUR OFFER WITHOUT PAYING MORE

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