Honolulu has continued to show robust home sales in recent months and homebuyers searching for high-cost loans now have more options. Mortgage programs have continued to expand allowing for more Honolulu low down payment Jumbo … [Read more...] about Honolulu Low Down Payment Jumbo Loans
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Annapolis Jumbo Loan Recap
Jumbo mortgage programs in Appapolis have recently expanded to include many new reduced down payment options. These low down payment options are especially attractive to high-end buyers that have sufficient income but lack the … [Read more...] about Annapolis Jumbo Loan Recap
Durham, North Carolina Real Estate – Jumbo Lending
Durham, North Carolina is the county seat of Durham County with a population of around 250,000. Durham is part of the MSA known as the Durham-Chapel Hill Metropolitan Statistical Area which is home to more than 500,000 residents. … [Read more...] about Durham, North Carolina Real Estate – Jumbo Lending
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
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
High Balance Jumbo Programs Chicago
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
Denver Low Down Payment Jumbo Loans
When financing a higher-priced home in Denver, a jumbo loan can be the ideal fit for your needs. Jumbo programs today allow for more down payment flexibility, lower rates and a verity of term options. A jumbo mortgage is a home … [Read more...] about Denver Low Down Payment Jumbo Loans
New Jumbo Loan Guidelines Rhode Island
Jumbo loan guidelines have continued to relax in recent years. Rhode Island's housing market overall has been on a steady rebound since the financial crisis back in 2007. Until recently, the minimum down payment for jumbo … [Read more...] about New Jumbo Loan Guidelines Rhode Island
St. Louis Jumbo Loan Standards
The jumbo loan options in St. Louis have continued to expand in 2019. Qualified buyers now have financing options unheard of just a few years ago. Any mortgage amount that exceeds the standard conforming loan limit is considered … [Read more...] about St. Louis Jumbo Loan Standards
2019 Jumbo Loan Down Payment Standards
Fannie Mae just announced the new conforming loan limits for 2019 as they do every November. Last year, due to recovering home values, we witnessed the first year-over-year increase in the conforming loan limit in nearly a decade. … [Read more...] about 2019 Jumbo Loan Down Payment Standards