Mortgage interest rates have managed to stay low and the high-end housing market has remained steady, with noticeable growth in select locations in California, Florida and North East. The expansion of low down payment programs and … [Read more...] about 2024 Jumbo Loan Home Buyers Guide
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Jumbo Financing Programs Tampa,Orlando
Financing a luxury home in Tampa or Orlando 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 funds in a real … [Read more...] about Jumbo Financing Programs Tampa,Orlando
Charleston (Updated) Low Down Payment Jumbo Loan
There are three basic types of loan limits for most parts of the country, conforming, high balance, and jumbo. Conforming loans are limited to $766,550 in many parts of the country, Charleston included.High-balance loans are … [Read more...] about Charleston (Updated) Low Down Payment Jumbo Loan
Luxury Home Financing Jumbo Seattle
The luxury home market in Washington, especially Seattle has always been competitive as it is varied. Home prices in Seattle are down slightly year over year and the median home price is currently around $815,000. On average, … [Read more...] about Luxury Home Financing Jumbo Seattle
New Orleans Jumbo Loan Guide- 90% and 95% Financing
A jumbo loan is one where the loan amount is greater than the prevailing conforming loan limit. For most of the country, Louisiana & New Orleans included, the conforming loan limit is $766,550 for 2024. In other areas where … [Read more...] about New Orleans Jumbo Loan Guide- 90% and 95% Financing
Santa Barbara Jumbo Home Financing: New Restrictions
Many active home buyers are probably aware that mortgage options, especially Jumbo loans, became more restrictive in response to the changing economic impacts of the pandemic a few years ago. However, in 2024 as things have … [Read more...] about Santa Barbara Jumbo Home Financing: New Restrictions
San Antonio Jumbo Home Financing Details
San Antonio's housing market continues to remain healthy and home financing options that were once impossible, are now readily available in 2024. This is especially the case when discussing new high-balance Jumbo financing … [Read more...] about San Antonio Jumbo Home Financing Details
Memphis Jumbo Home Financing Loan Limits
Most buyers have heard the term “jumbo” as it relates to home mortgage lending, especially if you live in an area like higher-cost states like California, Florida, New York, etc, where property values are much greater than most … [Read more...] about Memphis Jumbo Home Financing Loan Limits
Colorado Springs Jumbo Home Financing Max LTV
The Colorado Springs real estate market trends report for 2024 noted that the average sales price is currently $434,000. The current conventional loan limit for El Paso County is currently set at $766,550. So for home buyers … [Read more...] about Colorado Springs Jumbo Home Financing Max LTV
VA High Balance Jumbo Loan Programs
With VA home loans as with other mortgage programs, there are guidelines and there are requirements. Guidelines are issued by the VA that approved VA lenders follow but do have some flexibility. A good example of a VA guideline … [Read more...] about VA High Balance Jumbo Loan Programs