2020 Riverside County Conforming Loan Limit

Bill LewisMortgage Basics, Mortgage News

Loan Limits in California have gone up

2020 Riverside County Conforming Loan Limit GREAT NEWS for residents of Riverside County, CA! The 2020 Riverside County Conforming Loan Limit is now $510,400 (up from $484,350 in 2019, $405,950 in 2018 and $379,500 in 2017). 2020 California Conforming Loan Limits Conforming loan limits have been increased for 2020. The Federal Housing Finance Agency (FHFA) announced the new loan limits … Read More

2019 Riverside County Conforming Loan Limit

Bill LewisMortgage Basics, Mortgage News

Loan Limits in California have gone up

2019 Riverside County Conforming Loan Limit ________________________________________________ Update – Click here to see the increased 2020 Riverside County Loan Limits ________________________________________________ GREAT NEWS for residents of Riverside County, CA! The 2019 Riverside County Conforming Loan Limits is now $484,350 (up from $405,950 in 2018 and $379,500 in 2017). 2019 California Conforming Loan Limits Conforming loan limits have been increased for … Read More

Understanding No-Cost Mortgages

Bill LewisMortgage Basics

mortgage points

Is it really possible to get a mortgage and pay no points or closing costs?  Yes and no . . . The reality is, you won’t pay any closing costs up front – but you will pay for them over time. In a no-cost mortgage, lenders charge a higher interest rate to compensate for the fact they’re not collecting any … Read More