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
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Las Vegas Jumbo Loan Choices
Mortgages today are considered "Jumbo" when the loan amount exceeds the prevailing conforming loan limit. In most parts of the country, Nevada and Clark County included, the conforming loan limit is $548,250. But in places where … [Read more...] about Las Vegas Jumbo Loan Choices
Connecticut Jumbo Loans With Low Down Payment
Low down payment Jumbo home mortgages are making a comeback in Connecticut. You don’t always have to be a cash buyer to become a homeowner in a luxury market. Homebuyers in Samford, Greenwich, New Haven, etc can now finance luxury … [Read more...] about Connecticut Jumbo Loans With Low Down Payment
Alabama Jumbo Home Financing Requirements
Jumbo financing options continue to gain popularity for luxury home buyers across Alabama. Qualified homebuyers in Birmingham, Montgomery, Mobile, Huntsville, etc, have new financing options up to 95%.As of 2021, the standard … [Read more...] about Alabama Jumbo Home Financing Requirements
2021 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 2021 will increase to $548,250 from $510,400.This makes five … [Read more...] about 2021 Brings Higher Conforming Loan Limits
Santa Barbara Jumbo Home Financing: New Restrictions
Many active home buyers are probably aware that mortgage options, especially Jumbo loans, have become more restrictive in recent months. Lenders continue to adjust mortgage program guidelines in response to the economic impacts … [Read more...] about Santa Barbara Jumbo Home Financing: New Restrictions
Mortgage Lending Guideline Changes & COVID-19
Everyone has faced many changes and challenges over the last month due to the COVID-19 pandemic. The mortgage industry is no different and has seen many changes in regards to underwriting and loan approval requirements.Minimum … [Read more...] about Mortgage Lending Guideline Changes & COVID-19
100% Doctor Mortgage Programs
New Doctor mortgage programs have emerged to include lower down payment options. Medical professionals have 100% financing options available for loan amounts up to $600,000. 95% Jumbo financing is also available for much greater … [Read more...] about 100% Doctor Mortgage Programs
Jumbo Loan Refinance? Now Might Be The Time
It's no secret mortgage interest rates are currently at their lowest levels ever this year. In fact, CNBC reported that refinance applications have spiked 79% just this week alone. This is the highest level in over 10 years. … [Read more...] about Jumbo Loan Refinance? Now Might Be The Time
Loan Limits For Each Mortgage Program Explained
Today there are many choices when it comes to home mortgages. Nearly all loan programs will have limits in place depending on many different variables. In this post, we will discuss the loan limits for each mortgage program and … [Read more...] about Loan Limits For Each Mortgage Program Explained