Buying a high-value home often means stepping into the world of jumbo mortgages. Because these loans exceed conforming limits, they typically come with stricter requirements and a more detailed approval process. So how long does … [Read more...] about How Long Does It Take to Close a Jumbo Mortgage? Full Timeline Explained
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New 3.5% Down Jumbo Loan Options
Jumbo financing options have continued to expand. As a result, financing LTV limits have increased from 95% to 96.5%. This new 3.5% down Jumbo loan has a few added qualifying requirements not required in the higher down payment … [Read more...] about New 3.5% Down Jumbo Loan Options
Insurance: What You Need to Know When Financing a Rental Property
When financing a rental property, or any property for that matter, the lender will require an insurance policy. Not to say you should ever consider not insuring a home, but the lender will not just require insurance but also a … [Read more...] about Insurance: What You Need to Know When Financing a Rental Property
