HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
conforming loan limits
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
conforming loan limits
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
conforming loan limits

Senate Approves Amendment to Restore Loan Limits

2011-10-24T01:48:24-07:00

October 24, 2011 (Chris Moore) The Senate voted 60 to 38 to add an amendment to an existing spending bill that would restore the higher conforming loan limits that had expired on September 30th. The housing industry has been pushing for a restoration of the loan limits claiming the new lower limits could weaken an [...]

Senate Approves Amendment to Restore Loan Limits2011-10-24T01:48:24-07:00

Radar Logic: Effects of Lower Conforming Loan Limits Probably Minimal

2011-10-21T03:21:12-07:00

October 21, 2011 (Jeff Alan) Radar Logic’s RPX Composite Price Index (CPI) for August declined 0.8 percent from July, reflecting the largest decline for this time of the year since 2008. A study in this months report also found that the new lower conforming loan limits should have a minimal impact on home prices. [...]

Radar Logic: Effects of Lower Conforming Loan Limits Probably Minimal2011-10-21T03:21:12-07:00

Wells Fargo Institutes New Loan Limits

2011-08-16T01:20:35-07:00

August 16, 2011 (Chris Moore) Without a deal on the table to extend or make permanent current conforming loan limits on government-backed mortgages by Fannie Mae and Freddie Mac, Wells Fargo will no longer accept applications for loans that fall under the soon to expire temporary loan limits. […]

Wells Fargo Institutes New Loan Limits2011-08-16T01:20:35-07:00

HUD Raises Premiums on FHA-Insured Loans

2011-02-15T05:30:51-07:00

February 15, 2011 (Jeff Alan) The Department of Housing and Urban Development (HUD) has announced that it will be raising premiums on mortgage loans insured by the Federal Housing Administration (FHA). FHA Commissioner David H. Stevens stated that the new premium structure of FHA insured mortgage loans was part of an ongoing effort to strengthen [...]

HUD Raises Premiums on FHA-Insured Loans2011-02-15T05:30:51-07:00

Important New Lending Guidelines from Fannie Mae

2010-11-28T18:08:15-07:00

November 28 2010 (Shirley Allen) New lending guidelines from Fannie Mae, set to take effect on December 13, will make securing a mortgage for first time buyers easier but it will also make it more difficult for those who carry a high level of debt to obtain a mortgage. Read more...

Important New Lending Guidelines from Fannie Mae2010-11-28T18:08:15-07:00

Higher Conforming Loan Limits Set For another Year

2010-11-13T18:26:07-07:00

November 13 2010 (Chris Moore) President Obama recently signed legislation that would allow the higher conforming loan limits to continue in current high cost areas for another year. The provision means homebuyers and homeowners in expensive housing markets will continue to get a break on interest rates when they buy or refinance through 2011. Read [...]

Higher Conforming Loan Limits Set For another Year2010-11-13T18:26:07-07:00