Fresno is a lively city located in central California. It is the fifth-largest city in the state and home to just over 500,000 residents. Fresno was founded in 1872 as a railway station of the Central Pacific Railroad and has … [Read more...] about What is considered a Jumbo Loan in Fresno?
California Jumbo Loan
New Sacramento Jumbo Loan Limits and Requirements
For those who are interested in buying a high-end property in Sacramento, a jumbo loan might be the best choice. However, before diving into the world of jumbo loans, it is important to understand the basics and requirements that … [Read more...] about New Sacramento Jumbo Loan Limits and Requirements
What is a Super Jumbo Loan in California?
You’ve likely heard the terms “conforming loan” and “jumbo” as it relates to the mortgage industry. A conforming mortgage is one that conforms to Fannie Mae or Freddie Mac guidelines. When a lender approves a loan using conforming … [Read more...] about What is a Super Jumbo Loan in California?
Unlock the Benefits of Jumbo Home Loans in Riverside CA
Riverside residents looking for a larger mortgage may find the perfect solution in a Jumbo home loan. In this article, we will unlock some of the jumbo loan benefits and discuss the basic qualifying criteria needed for loan … [Read more...] about Unlock the Benefits of Jumbo Home Loans in Riverside CA
Santa Barbara Jumbo Home Financing: New Restrictions
Many active home buyers are probably aware that mortgage options, especially Jumbo loans, became more restrictive in response to the changing economic impacts of the pandemic a few years ago. However, in 2024 as things have … [Read more...] about Santa Barbara Jumbo Home Financing: New Restrictions
San Diego Jumbo Down Payment Requirement
The Jumbo loan remains popular in high-cost locations throughout California including San Diego. Jumbo mortgages are defined as any loan amount that exceeds the base conforming loan limit. For San Diego County, the limit is … [Read more...] about San Diego Jumbo Down Payment Requirement
San Bernardino County Jumbo Loan Chart
Each new year brings many changes and the mortgage industry is no different. Lending guidelines change frequently and one of those early-notice changes is the new conforming mortgage loan limits that take effect on January 1 of … [Read more...] about San Bernardino County Jumbo Loan Chart
California Jumbo Loan Appraisal Process
Regardless of what your sales contract says when you buy that higher-end home in California, that might not be the final value your lender will use when evaluating your loan application. Does that surprise you? It does many, but … [Read more...] about California Jumbo Loan Appraisal Process
California Jumbo Loan Options 95% – Updated Guide
Jumbo loans with 5 down payments are still available throughout California. These new low-down payment jumbo programs allow CA homeowners to take a mortgage loan that exceeds the conventional loan limits set by Fannie Mae or … [Read more...] about California Jumbo Loan Options 95% – Updated Guide