John Carlson, Managing Partner at Penn Street Mortgage

#TeamCaldwell Main Line listing... Single family colonial in award-winning Tredyffrin/Easttown school district. Located directly across from St. David's Golf Club. https://bit.ly/2WSufu6 #realestate #newlisting #cbpchesco #cbpref www.teamcaldwellhomes.com

You can now lock in your interest rate while shopping for a new home. Even without a formal offer on a property, Lock & Shop gives you rate security with 60- or 90-day rate locks. If the rates improve as you shop, you can float down to the better rate. And our TBD/Scenarios feature (get income, assets and credit reviewed by an underwriter before going under contract) makes Lock & Shop even more attractive. Feel free to reach out for more info!

Your credit is one of the largest factors in the program and rate available to you. Let us help you maximze your buying power.

Get a jumbo loan without a jumbo rate!

Learn more about the conventional 1% down purchase program.

Stuck inside today and looking to buy a new home? Here are 6 things not do do when applying for a mortgage.

FHA has recently announced a reduction in their annual Mortgage Insurance Premiums! Most loans disbursing on or after January 27, 2017 will see a 25 basis point reduction. Call to learn more.

Have you tried refinancing but the appraisal caused a problem? Well you may now be in luck... Fannie Mae has instituted a property inspection waiver for both rate/term and cash out refinances. Call if you would like to learn more!

We are bringing in 2017 with higher loan limits across the board. Check out the upcoming changes: Conventional Conforming: Accepting the new limits on submissions now (close after 1/1/17). The base limit is now $424,100 and the high balance ceiling has increased to $636,150. FHA: The new limits are effective for case numbers assigned as of January 1, 2017. The FHA national loan limit "ceiling" will increase to $636,150 from $625,500. FHA will also increase its "floor" ...to $275,665 from $271,050. VA: The new limits are effective for loans closed on or after January 1, 2017. VA's 2017 Loan Limits are the same as the Federal Housing Finance Agency's limits (conventional). If a loan is originated now and closed after 1/1/17 the new guarantee limit applies. USDA Guaranteed Rural Housing: USDA does not establish a maximum loan amount. Let us know if we can help with your purchase or refinance. Thanks!