You’ve likely heard the terms “conforming loan” and “jumbo” as it relates to the mortgage industry. A conforming mortgage is one that conforms to Fannie Mae or Freddie Mac guidelines. When a lender approves a loan using conforming … [Read more...] about What is a Super Jumbo Loan in California?
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Tips For Combating Higher Jumbo Mortgage Interest Rates
It's no secret that mortgage interest rates have increased by a pretty wide margin over the past year. Many of the leading research agencies expect the average 30 yr fixed rate to remain above 7% for the rest of the year. The … [Read more...] about Tips For Combating Higher Jumbo Mortgage Interest Rates
Complete Guide to Jumbo Loans in Fort Lauderdale
Are you searching for a luxurious home in Fort Lauderdale? Are you concerned about the down payment requirements that come with traditional Jumbo mortgages? Well, worry no more, because there is good news for you!Qualified … [Read more...] about Complete Guide to Jumbo Loans in Fort Lauderdale
Unlock the Benefits of Jumbo Home Loans in Riverside CA
Riverside residents looking for a larger mortgage may find the perfect solution in a Jumbo home loan. In this article, we will unlock some of the jumbo loan benefits and discuss the basic qualifying criteria needed for loan … [Read more...] about Unlock the Benefits of Jumbo Home Loans in Riverside CA
What Credit Score is Needed For Jumbo Loans?
We often receive questions about what credit score is needed for Jumbo loans. Like many other mortgage types, the answer depends on many variables like the down payment amount, and final loan amount. Let's take a quick look at and … [Read more...] about What Credit Score is Needed For Jumbo Loans?
Pittsburgh Jumbo Loan Options For Luxury Real Estate
The high-end housing market has remained steady during the last few years. Jumbo loan programs are helping to fuel the luxury market by offering new expanded low-down payment options. In this Pittsburgh Jumbo loan review, we will … [Read more...] about Pittsburgh Jumbo Loan Options For Luxury Real Estate
Delaware Jumbo Financing High Balance Loans
Jumbo home loans today provide greater flexibility when compared to years past. In Delaware, the current 2024 conforming loan limit for Kent, New Castle, and Sussex County is $766,550. Any loan amount that exceeds this amount … [Read more...] about Delaware Jumbo Financing High Balance Loans
How Much Is PMI On Jumbo Loans?
Private mortgage insurance or "PMI" for short has traditionally been required on any mortgage where the loan to value exceeds 80%. However, in recent years new options have surfaced from lenders that give home buyers the option … [Read more...] about How Much Is PMI On Jumbo Loans?
Jumbo Loans for New Construction – Recent 2024 Updates
All home buyers looking to build should know certain things when it comes to financing options in 2024. Designing and constructing a home exclusive to your needs is preferred by many people compared to buying an existing … [Read more...] about Jumbo Loans for New Construction – Recent 2024 Updates
Reduced Down Payment Jumbo Loans Charleston
Home prices have been increasing throughout South Carolina in recent years. Reduced down payment jumbo loans in Charleston have expanded as a result. Buyers who plan to finance high-cost homes have more options thanks to a robust … [Read more...] about Reduced Down Payment Jumbo Loans Charleston