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 currently limited to $484,350 in most counties in Utah. Salt … [Read more...] about Salt Lake City – Jumbo Low Down Payment Options
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Revised Wisconsin Jumbo Loan Limits
Homebuyers in Wisconsin have newly expanded Jumbo mortgage options and loan amount limits. The reduced down payment programs offer eligible and approved borrowers financing options up to 95%. Mortgages are categorized as Jumbo … [Read more...] about Revised Wisconsin Jumbo Loan Limits
Tips For a Smooth Jumbo Loan Approval
Around two out of every three home loans issued in today’s mortgage marketplace are those underwritten to either Fannie Mae or Freddie Mac guidelines. These loans are referred to as “conforming” loans because they conform to … [Read more...] about Tips For a Smooth Jumbo Loan Approval
Interest Rate Forecast: January-June 2019
If you’re buying a home soon, refinancing or thinking of taking out debt consolidation, one of the most important factors to consider is your personal cost of funds- the interest rate on your new mortgage. What we’ll do in this … [Read more...] about Interest Rate Forecast: January-June 2019
What Is Considered a Jumbo Loan Today?
What is considered a Jumbo loan today will depend primarily on the property location. Basically, any loan amount that exceeds the Fannie Mae and Freddie Mac conforming loan limits are considered a Jumbo … [Read more...] about What Is Considered a Jumbo Loan Today?
New Jumbo Loan Limits 2019, Updated Guide
New Updated Jumbo & 2019 Conforming Loan Limits can be found in the helpful video below. Revised Jumbo qualifying requirements are also noted. Please connect with us 7 days a week with questions by calling the number above, … [Read more...] about New Jumbo Loan Limits 2019, Updated Guide
5 Things Jumbo Buyers Need to Know
A jumbo loan is one where the mortgage amount is above the conforming loan limit. Currently, the conforming loan limit for most parts of the country stands at $484,350. However, some locations deemed "high cost" like parts of … [Read more...] about 5 Things Jumbo Buyers Need to Know
Updated 95% Jumbo Loan Limits
Please note the 95% Jumbo loan limits have increased to $2,000,000 for qualified homeowners nationwide. Any loan amount $1.5mil - $2.0mil will require a minimum 740 credit score. Smaller loans below $1,000,000 can be approved … [Read more...] about Updated 95% Jumbo Loan Limits
Philadelphia Jumbo Mortgage Down Payment Chart
Philadelphia Jumbo mortgage down payment requirements have recently changed to include more low down payment options. New jumbo loan programs permit financing up to 95% for qualified home buyers and include flexible terms with no … [Read more...] about Philadelphia Jumbo Mortgage Down Payment Chart
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