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 conforming loan limits set by Fannie Mae or Freddie … [Read more...] about California Jumbo Loan Options 95%
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2022 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 2022 will increase to $647,200 from $548,250. This makes six … [Read more...] about 2022 Brings Higher Conforming Loan Limits
Jumbo Financing Programs Tampa,Orlando
Financing a luxury home in Tampa, Orlando, Miami or Jacksonville usually meant coming up with a relatively large down payment. Some buyers prefer not to withdraw such a large amount from their investment portfolio and tie up those … [Read more...] about Jumbo Financing Programs Tampa,Orlando
Salt Lake City – Jumbo Low Down Payment Options
Financing a luxury home typically means using a jumbo loan instead of a standard conforming. Current conforming loan limits issued by Fannie Mae and Freddie Mac are limited to $647,200 in most counties in Utah, Salt Lake County … [Read more...] about Salt Lake City – Jumbo Low Down Payment Options
2022 Jumbo Loan Down Payment Standards
Fannie Mae just announced the new conforming loan limits for 2022 as they do every November. This marks the sixth consecutive year of increases and is welcome news for luxury home buyers. The Federal Housing Finance Agency, or … [Read more...] about 2022 Jumbo Loan Down Payment Standards
2022 Atlanta Low Down Payment Jumbo Loans
Similar to other major metropolitan areas across the country, median home sales prices in Atlanta are continuing to rise and are currently around $353,800. Compare that with almost six years ago when the median sales price was … [Read more...] about 2022 Atlanta Low Down Payment Jumbo Loans
Miami Jumbo Home Financing
New Jumbo options now permit approved home buyers to finance up to 95% Loan to value for home loan amounts up to $1.5 million. The 5% down Jumbo mortgage options in Miami - Dade are currently available for both home purchases and … [Read more...] about Miami Jumbo Home Financing
Jumbo Loans With 5% Down Payment
Low down payment Jumbo loans have been making a comeback in recent months. Many home buyers are unaware they can obtain Jumbo financing without a 20% down payment. Approved home buyers now have high balance mortgage options up to … [Read more...] about Jumbo Loans With 5% Down Payment
Can I Get Jumbo Loan With 10% Down Payment?
Borrowers often ask "Can I Get Jumbo Loan With 10% Down Payment?" The short answer is Yes, assuming the borrower meets the loan qualifying requirements listed below. In fact, there are also financing options that permit only 5% … [Read more...] about Can I Get Jumbo Loan With 10% Down Payment?
Los Angeles Jumbo & High Balance Home Loans Explained
Jumbo loan options in Los Angeles have started to improve in recent months since the peak of the pandemic. In fact, the median home price in LA is now $923,000 - up over 14% + since last year. Since the housing market remains in … [Read more...] about Los Angeles Jumbo & High Balance Home Loans Explained