There are two basic types of loans, those that are considered conforming and those that are non-conforming. These descriptions apply to loans that “conform” to standards issued by Fannie Mae and Freddie Mac. When lenders issue a loan using conforming guidelines, the loan is then eligible for sale in the secondary market. Selling loans allows […]
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Comprehensive Guide to USDA Loans in Kentucky
Buying a home is a pretty big milestone and represents a lifelong dream for many. However, the financial barriers can often restrict some, especially first time home buyers. Fortunately, USDA loans offer a viable solution for qualified homebuyers in Kentucky, providing opportunities to secure affordable housing with favorable terms. The United States Department of Agriculture […]
USDA Rural Housing Mortgage Income Limits Increase 2026
USDA Rural Development recently increased the household income limits for the 502 Guaranteed Program. This is great news, as this change will permit more families to qualify for the 100% Government-backed mortgage program. The current USDA income limits are listed below, these limits apply to most locations in the U.S. and will be valid thought […]
Coast 2 Coast Is Hiring Great Loan Officers
Are you a great loan officer looking to be part of a great company? Coast 2 Coast Lending is now hiring in 2026! Contact us today to learn about individual loan officer and branch opportunities. Coast 2 Coast offers many benefits for loan officers including: Great Products to Grow Your Business: FHA, VA, USDA, Conventional, […]
USDA Loans in Tennessee: 100% Financing for Eligible Homebuyers
For many Tennesseans dreaming of homeownership but struggling with down payment hurdles, USDA Rural Housing Loans offer an affordable solution. These government-backed mortgages provide 100% financing for income-eligible buyers in approved rural and suburban areas across the state—including many neighborhoods just outside major metro areas like Nashville, Knoxville, and Memphis. 🟩 What Is a USDA […]
Conforming Limit Changes 2026
Consumers may have heard the term “secondary market” as it relates to housing, but it’s not very likely. Lenders, however, are very familiar with the term as the secondary market is the lifeblood of the industry. Without it, home loan lending would slow to a crawl resulting in fewer people being able to afford a […]
Unlocking Your Home’s Value: Top Benefits of a Florida HELOC
If you’re a homeowner looking for flexible and affordable financing, a Home Equity Line of Credit (HELOC) could be the financial tool you need. As property values continue to rise in most parts Florida, many homeowners are sitting on significant equity without realizing its full potential. A HELOC offers a convenient and cost-effective way to […]
Florida HECM Reverse Mortgages: Qualifying Requirements & Benefits
As seniors approach retirement, many are looking for ways to secure their financial future while living in the homes they’ve spent years cultivating. One option that can provide a financial safety net is a reverse mortgage, specifically the Home Equity Conversion Mortgage (HECM). HECM is a government-insured program that allows homeowners aged 62 or older […]
Conventional Loan Options Florida
By far the mortgage programs with the greatest market share in Florida are conventional loans. Conventional loans are typically underwritten by guidelines established by both Fannie Mae and Freddie Mac, but technically they are loans that do not come with a government-backed guarantee to the lender, including VA, FHA and USDA home loans. With a […]
USDA Closing Costs Texas
We have received many questions lately regarding USDA financing and closing costs. Generally speaking, for a new home purchase in Texas, the buyer can expect to pay around 4.5% (of the purchase price) for closing costs and prepaid escrow requirements. Escrow requirements include prepaid taxes and home insurance. The home seller will have “customary” closing […]
Bond Money and Grants Can Help With Down Payment in 2026
When lenders initially review a loan application from a first-time home buyer, one of the more important items to check off is making sure there are enough funds for a down payment and closing costs. As loan limits rise in 2026 so too will the amount of down payment needed because the down payment is […]
Conforming Loan Limits Increase For 2026
Great news for home buyers, the 2026 conforming loan limits have increased to $832,750, please see the chart below. Please note, typical high balance locations are also increasing to $1,249,125 for standard 1-unit properties. Coast 2 Coast is proud to offer conventional loans up to the new loan limit effective today. Please connect with us […]
USDA Mortgage Approval Process for Alabama
If you’re a homebuyer in Alabama, you might have heard about USDA loans as an option to finance your dream home. The USDA Rural Development 502 Guaranteed Housing Program offers a unique opportunity for eligible low-to-moderate-income families to purchase homes in rural areas with zero down payment. Here’s a comprehensive guide to understanding the USDA […]
Unlocking 100% Financing: FHA Loans for Alabama Homebuyers
Buying a home in Alabama can feel overwhelming—especially when it comes to saving for a down payment. Traditionally, FHA loans require at least 3.5% down, which for a $200,000 home equals $7,000 upfront. For many families, that’s a big hurdle. The good news? With down payment assistance (DPA) programs, Alabama homebuyers can combine an FHA […]
Georgia FHA HUD 100 Down Program Insight
Since the slowdown in the housing market years ago, options for 100% home financing have pretty much disappeared. In fact, today only a few home loan options in Georgia remain that allow NO down payment home financing – USDA and VA. USDA loans require the property to be located in a rural defined eligible area, […]
VA Mortgage Eligibility South Carolina
VA Mortgages are one of the best loan programs available today for eligible Veterans in South Carolina. Here are some of the great features of this fantastic program: NO Down Payment, 100% financing No monthly mortgage insurance 100% financing loan limits up to $2,000,000 in South Carolina Easier credit qualifying compared to other types of mortgage […]
Which Type of FHA Loan is Best?
Did you know there was a choice? Did you know that an FHA loan is not just a single loan program but actually several? Sometimes thinking about which loan program is best for you, it can get a little complicated. Mortgage programs aren’t designed to be complicated, but new programs can come about to address […]
Can You Take Equity Out With a VA Loan?
Refinancing a VA loan is much like refinancing any other mortgage. However, VA loans do have a refinance option that conventional loans do not have. This option is referred to as a VA “streamline” and is a VA-to-VA refinance that requires very little documentation. No income or employment check, no appraisal required, and no need […]
Private Mortgage Insurance Isn’t Forever: When You Can Remove PMI
Private mortgage insurance, or PMI, sometimes gets a bad rap. And that’s unfortunate because PMI plays a very important part in the mortgage industry. Years ago, banks would require down payments of as much as 30 or 40 percent of the sales price. Back then, banks assumed all the risk on the loan and if […]
First Time Homebuyers: 5 Things You Must Know
If you’re getting ready to purchase your first home and started a bit of research already, you might be a slight victim of information overload. You will soon discover there are many moving parts to purchasing a home. There are various services needed in order to get your home loan approved to keep the loan […]