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Benchmark Is Making Waves: Best Company, Best to Work For!

Benchmark has been named one of the 50 Best Places to Work for by Mortgage Executive Magazine! We’re ranked #7 on average score! Additionally, Benchmark was named to the magazine’s Top 100 Mortgage Companies in America. We landed at #38 alongside some of the biggest names in the country. 64 of our teammates were recognized …

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New appraisal and origination requirement changes announced due to COVID-19

Special measures have been taken to help account for challenges facing the real estate market due to COVID-19. Here are the temporary flexibilities in place to facility the continuation of transactions for buyers.

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Regarding COVID-19: A Note From Benchmark

Dear Benchmark Clients, Partners, Vendors and Staff: As our nation and the world continues to deal with the issue of the coronavirus, it is important that we provide you information regarding steps Benchmark is and will take to protect our collective health and mortgage operations. The measures described below are in place or being enacted; …

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FHFA Announces Conforming Loan Limit Increase In 2019

The Federal Housing Finance Agency has announced that the maximum conforming loan limits for mortgages has increased. In most of the country, the confirming loan limits will increase nearly 6.5%, from $453,100 to $484,350 for 2019. For most high-cost areas, where 115% of the local median home value exceeds the loan limit, the loan limit …

The post FHFA Announces Conforming Loan Limit Increase In 2019 appeared first on Benchmark.

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Benchmark and The Patriot Tour by Team Never Quit!

Benchmark Mortgage is proud to announce our partnership with Team Never Quit. This year, we will be hitting the road with the 2018 Patriot Tour! Our Team is proud to have changed the way VA lending is done, and we take a “never quit” attitude with our veterans and their dreams. NO MORE will the …

The post Benchmark and The Patriot Tour by Team Never Quit! appeared first on Benchmark.

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Benchmark Introduces New Program to Expand Options for Medical Professionals

Benchmark has launched a new mortgage product that is customized to the unique career and financial outlook of professionals in the medical field. Last year, we launched the Medical Doctor Loan Program to better serve medical residents and doctors. Now we have further expanded our options for medical professionals to include jumbo loan amounts up …

The post Benchmark Introduces New Program to Expand Options for Medical Professionals appeared first on Benchmark.

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HUD Announces New FHA Loan Limits

Yesterday, December 7, 2017, the Federal Housing Administration announced that for 2018, 3,011 out of 3,141 counties in the U.S. (~96% of all counties in the nation) will see an increase in FHA loan limits. Ceilings and Floors In high-cost areas, the FHA’s loan limit ceiling will increase this year to $679,650, up from $636,150, …

The post HUD Announces New FHA Loan Limits appeared first on Benchmark.

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