Luke Carrier's (lcarrier) Blog

I am pleased to announce that on the morning of 7/29/08 President Bush signed into law H.R. 3221, the Housing and Economic Recovery Act of 2008. After months of negotiations between the House and Senate, as well as an initial veto threat by the White House, I am confident that the final version o...

I just learned of a new program from Fannie Mae called HomeStyle which acts much like a FHA 203K rehab loan.  The loan amount is much greater, up to $417,000 and works much the same way as the 203K.  This program is great for larger loans because the FHA limits in the metro area are $365,000.  We...