Blog - Loan Professors

Loan Types

2023 Florida Conforming Loan Limits

2023 Florida Conforming Loan Limits A conforming loan is a home loan that “conforms”…

<img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Moe GhaziApril 29, 2023

Loan Types

First-Time Homebuyer Guide

Buying a home is a significant milestone, and for first-time buyers, it can be both…

<img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Moe GhaziApril 28, 2023

Loan Types

Home Equity Line of Credit (HELOC) Guide

Owning a home comes with a significant advantage of building equity over time. This equity…

<img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Moe GhaziApril 27, 2023

Loan Types

Mortgage Pre-Approval Process Guide

A mortgage preapproval, which is not the same as a mortgage prequalification, is an important…

<img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Moe GhaziApril 22, 2023

Loan Types

2023 CA Conforming Loan Limits

2023 California Conforming Loan Limits A conforming loan is a home loan that “conforms”…

<img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Moe GhaziApril 14, 2023

Loan Types

Do No-Closing-Costs Mortgages Make Sense?

Buying a home is a big financial decision, and one of the biggest expenses associated…

<img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' data-srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Moe Ghazi' src='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c01b804dfb1f39693f209aa48506084e?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Moe GhaziApril 13, 2023

Loan Types

Ultimate Guide to Mortgage Closing Costs

Closing costs are the expenses that come with obtaining a mortgage. Closing costs can range…

<img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Gregory KleemolaApril 4, 2023

Loan Types

Understanding Mortgage Rate Locks

When applying for a mortgage, one important decision to make is when to lock in…

<img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Gregory KleemolaMarch 31, 2023

Loan Types

What is a Non-QM Mortgage Loan?

In recent years, the mortgage industry has seen a rise in non-qualified mortgages (Non-QM), also…

<img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Gregory KleemolaMarch 31, 2023

Loan Types

FHA vs. Conventional – Pros and Cons

Buying a home is one of the biggest financial decisions you'll make in your life.…

<img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' data-srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' height='70' width='70' decoding='async' data-src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' class='avatar avatar-70 photo lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='Gregory Kleemola' src='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=70&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/e017a1f368805acd23d79a828afb807c?s=140&d=mm&r=g 2x' class='avatar avatar-70 photo' height='70' width='70' decoding='async'/>

Gregory KleemolaMarch 31, 2023

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