Durham, North Carolina is the county seat of Durham County with a population of around 317,000 in the most recent census. Durham is part of the MSA known as the Durham-Chapel Hill Metropolitan Statistical Area which is home to … [Read more...] about Raleigh-Durham North Carolina Real Estate – Jumbo Lending
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2023 Conforming Loan Limits
The new 2023 projected conforming loan limits are now available and noted in the chart below. The final loan limits will be published in November and are generally slightly higher. Regular locations (most of the U.S.) have … [Read more...] about 2023 Conforming Loan Limits
Colorado Springs Jumbo Home Financing Max LTV
The Colorado Springs real estate market trends report for 2022 noted that home sales have increased just over 19% for an average sales price of $495,000. The current conventional loan limit for El Paso County is currently set to … [Read more...] about Colorado Springs Jumbo Home Financing Max LTV
Jumbo Loan Without a 20% Down Payment
It’s one of those myths or misunderstandings that those buying a higher end home needs to have a down payment of at least 20%, but that’s not the case. As more and more areas across the U.S. seeing property values continue to … [Read more...] about Jumbo Loan Without a 20% Down Payment
Michigan Jumbo 5 Percent Down
Michigan home buyers now have the opportunity of financing higher-cost luxury homes with only 5% down payment. Starting now up to 95% financing is available for eligible homebuyers that meet the qualifying standards listed below. … [Read more...] about Michigan Jumbo 5 Percent Down
Jumbo Loan Financing 95 percent Virginia
Today we will discuss the Jumbo loan process for Virginia homebuyers. When mortgage companies evaluate a buyer's loan application, they primarily review a few key factors. These include credit, income and the ability to … [Read more...] about Jumbo Loan Financing 95 percent Virginia
Indiana Jumbo Loans With 5% Down Payment
Jumbo mortgages with only a 5% down payment are now available for approved home buyers in Indiana and throughout the nation. If you are purchasing a property and the price is $1,500,000 or less, you may have financing options up … [Read more...] about Indiana Jumbo Loans With 5% Down Payment
Nashville-Davidson County Jumbo Home Financing
Nashville has seen explosive population growth over recent years and the housing market continues to expand as a result. The current median home listing price is near $485,000 according to Realtor.com, an increase of over 20% … [Read more...] about Nashville-Davidson County Jumbo Home Financing
Jumbo Loan Application, Pre-Approval Process
For those purchasing a higher-priced home, their loan options are generally confined to the jumbo mortgage arena. But that doesn’t necessarily mean a jumbo loan is more limited, or difficult to qualify when compared to a … [Read more...] about Jumbo Loan Application, Pre-Approval Process
Boise Jumbo Financing Up To 95%
Home loan Interest rates have remained pretty low for a while now and jumbo rates have continued the same trend. This means borrowers financing a jumbo home purchase in Boise, Idaho can leverage their purchases and hold onto their … [Read more...] about Boise Jumbo Financing Up To 95%