As it relates to loan limits to purchase a residential property, there are three maybe four different categories these limits can fall into. Conforming loan limits are those that follow the guidelines set by Fannie Mae and Freddie … [Read more...] about High Balance Jumbo Programs Chicago
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New Mexico Low Down Payment Jumbo Loans
Jumbo loans with only 5% down payment are now available for qualified homebuyers throughout New Mexico. Buyers of luxury properties in Albuquerque and Santa Fe may find the reduced down payment programs especially helpful. If … [Read more...] about New Mexico Low Down Payment Jumbo Loans
Expanded Phoenix Jumbo Loan Programs
Jumbo mortgage options in Phoenix - Maricopa County have recently expanded to offer greater options for home buyers that require Jumbo home financing. These adjustments include greater loan amount limits for 95% and 90% financing … [Read more...] about Expanded Phoenix Jumbo Loan Programs
High LTV Jumbo Financing Boston
Buyers seeking to finance a luxury home in Boston know firsthand the property values in the area are higher compared to most areas of the country. Recent data from Zillow shows the median home value for homes in Boston is around … [Read more...] about High LTV Jumbo Financing Boston
Jumbo Loans For Houston Self Employed Buyers
In Houston, a Jumbo loan is a mortgage amount that exceeds the conforming limits. The 2021 Texas Conforming Loan Limit in Houston -Harris County is currently $548,250. Jumbo loans have much of the same qualifying guidelines as … [Read more...] about Jumbo Loans For Houston Self Employed Buyers
San Antonio Jumbo Home Financing Details
San Antonio housing market continues to remain strong and home financing options that were once impossible, are now readily available. This is especially the case when discussing new high balance Jumbo financing programs. The … [Read more...] about San Antonio Jumbo Home Financing Details
Las Vegas Jumbo Loan Choices
Mortgages today are considered "Jumbo" when the loan amount exceeds the prevailing conforming loan limit. In most parts of the country, Nevada and Clark County included, the conforming loan limit is $548,250. But in places where … [Read more...] about Las Vegas Jumbo Loan Choices
Connecticut Jumbo Loans With Low Down Payment
Low down payment Jumbo home mortgages are making a comeback in Connecticut. You don’t always have to be a cash buyer to become a homeowner in a luxury market. Homebuyers in Samford, Greenwich, New Haven, etc can now finance luxury … [Read more...] about Connecticut Jumbo Loans With Low Down Payment
Alabama Jumbo Home Financing Requirements
Jumbo financing options continue to gain popularity for luxury home buyers across Alabama. Qualified homebuyers in Birmingham, Montgomery, Mobile, Huntsville, etc, have new financing options up to 95%. As of 2021, the standard … [Read more...] about Alabama Jumbo Home Financing Requirements
2021 Brings Higher Conforming Loan Limits
The Federal Housing Finance Agency (FHFA) recently announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021 will increase to $548,250 from $510,400. This makes five … [Read more...] about 2021 Brings Higher Conforming Loan Limits