Finance by Cambria

Loan Limits for 2022 Increase 18%!

The Federal Housing Finance Agency (FHFA) has officially announced the conforming loan limits for 2022. Homebuyers will now be able to get a conventional mortgage to purchase a one-unit home for up to $647,200! This is an increase of $98,950 from $548,250 in 2021, making this the largest-ever annual increase for loans eligible to be purchased by Fannie Mae and Freddie Mac. Read More

Veterans: You’ve Earned These Exclusive Programs & Savings

November is truly a month of gratitude. Not only do the holidays start inching nearer with Thanksgiving at the forefront, but we also celebrate our nation’s heroes on Veterans Day. Cambria Mortgage recognizes it is a great honor and privilege to serve those who have served our country. Though it will never suffice in return for what we’ve received from our Veterans, we are proud to specialize in VA loans and offer exclusive savings to Veterans at closing. Are you a Veteran? Read on to learn more about the benefits you’re entitled to, and of course… Thank you for your service! Read More

Low Rates: Opportunity is Still There, For Now

Over the past year, we’ve been spoiled with mortgage interest rates at rock bottom levels we’ve never seen before. Recently though, toward the end of September, rates increased. Don’t panic… You haven’t missed your opportunity to save with a low rate… Yet. While the days of waiting for a lower rate are behind us, today’s mortgage interest rates are still historically low and very much worth taking advantage of. Read More

A Guide to Fighting Home Buyer’s Fatigue

Navigating today’s housing market is anything but simple. Buyers are seeing multiple offers to compete with on nearly every home, contract terms that heavily favor the seller and it’s rare to see a home go for less than list. This market requires buyers to be quick on their feet and act fast with a solid offer in hand. Even with a solid offer, buyers have to be ready to negotiate to win that bidding war. With that said, all the moving parts of a seller’s market can be a recipe for burnout. If you’re feeling the fatigue of this market, take a look at the tips we’ve laid out below - and remember, Cambria Mortgage is here for you. Read More

Seller’s Market Shmeller’s Market… Why Buyers Can Still Win in This Environment

Ah, yes - a seller’s market… Where the number of people looking to buy a home far exceeds the number of houses available for sale. Seller’s are most definitely in the driver’s seat and call the shots when it comes to choosing their most ideal purchase offer. So for many, searching for a home feels like a losing game as of late. However, with some perseverance and competitive drive, homebuyers can still win big even in this environment. Read More

The Tool Clients, Realtors & Mortgage Lenders Are Raving About

It’s no secret that our world operates on the principle of instant, fast and seamless. To be expected... Client, realtor and lender expectations are built on the same foundation. As a company, we are proud to offer the tools and technology that allow us to meet and exceed the expectations of the modern consumer. We have what clients, realtors and lenders are raving about… The Cambria Mortgage Mobile App. Read More