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Jessika Ondrick's Blog


New FHA Loan Amounts
Updated Oct. 9, 2013
New FHA Loan Limits are actually OLD loan limitsAnother change is about to happen to FHA loan limits in certain counties this October. We have been lucky enough here in Ada County, to have had extended amounts since 2/25/2009 but "the good ole days" are about to be over.. The old but new loan limits for Ada and Canyon...
My Community - The Right Loan For The Right Buyer
Updated Oct. 9, 2013
Let me start out by saying that it pays off to do the right thing for your clients. I've ALWAYS lived by this golden rule but the reason I find myself wanting to write about it is BECAUSE anyone that cares to read this (consumer, loan officer or realtor) will hopefully appreciate the loan scenario/program that...
HARP (Home Affordable Refinance Program
Updated Oct. 9, 2013
The industry's four largest mortgage servicers all say they will be taking part in the revamped Home Affordable Refinance Program (HARP). This is great news for many of us. To read more about this press release, just click on the link below:. http://www.dsnews...
Inside Lending
Updated Oct. 9, 2013
This weeks forecast: The key economic news for the week will be the October Employment Report on Friday. Unfortunately, the forecast is for just 88,000 new jobs, not enough to bring the Unemployment Rate down from 9.1%. . My Inside Lending Newsletter is now available to read at: http://tinyurl.com/3ns5hmb.
FHFA and HARP
Updated Oct. 9, 2013
We are still waiting for Fannie and Freddie to issue guidance with operational details about the HARP changes that will allow us to service more clients whose mortgages are guaranteed by Fannie Mae and Freddie Mac and that are currently upside down in their mortgage.. In the meantime, Acting Director Edward J....

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