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Black Diamond FHA Loans

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Come January 1, 2019, the Federal Housing Administration’s (FHA’s) loan limits are set to increase across most areas in the country. The U.S. Department of Housing and Urban Development (HUD).

Black Diamond Mortgage is the #1 Montana Real Estate Lender for Purchases or Refinancing your primary, second home or investment property. Our Montana Mortgage Loan Team uses "common sense" to help you obtain the best mortgage loan possible and at one of the many banks we are in partnership with.

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FHA and VA loans saw a 5% increase, and have a default rate about twice the market average, the report said. The report.

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The minimum loan amount in King County is $5,000 dollars and may go up to $1,397,400 depending on home size and loan type. In order to qualify for an FHA loan, you must be planning to live in the home. Although a loan can include some renovation costs, FHA loans cannot be used for real estate investments in King County.

What is an FHA loan? An FHA loan is a government-backed mortgage insured by the Federal Housing Administration, or FHA for short. Popular with first-time homebuyers, FHA home loans require lower.

An FHA loan is a type of government-backed mortgage insured by the Federal Housing Administration, a branch of the U.S. Department of Housing and Urban Development, or HUD. FHA loans are popular with first-time homebuyers because they allow for down payments as low as 3.5% and they have more flexible credit score requirements.

At Diamond Residential Mortgage Corporation, our customers are our number one priority. When it comes to your loan, we have the knowledge and expertise to get it done. Our President and CEO, Paul Diamond, has been in the mortgage industry for over 30 years, and many of our employees also have decades of experience.