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
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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
2024 Jumbo Mortgage Interest Rate Forecast & Predictions
It's no secret that mortgage interest rates have pretty much doubled since the pandemic lows of 2022. Many borrowers that are considering a home purchase or refinance, want a better idea of where rates will settle in 2024. Current … [Read more...] about 2024 Jumbo Mortgage Interest Rate Forecast & Predictions
Jumbo Loan Financing 95 percent Virginia
Today we will discuss the Jumbo loan process for Virginia home buyers. When mortgage companies evaluate a buyer's loan application, they primarily review a few key factors. These include credit, income, and the ability … [Read more...] about Jumbo Loan Financing 95 percent Virginia
Boise Jumbo Financing Up To 95%
Home loan Interest rates have remained pretty low for a while now and jumbo rates have continued the same trend. This means borrowers financing a jumbo home purchase in Boise, Idaho can leverage their purchases and hold onto their … [Read more...] about Boise Jumbo Financing Up To 95%
Salt Lake City – Jumbo Low Down Payment Options
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 limited to $766,550 in most counties in Utah, Salt Lake County … [Read more...] about Salt Lake City – Jumbo Low Down Payment Options
Honolulu Low Down Payment Jumbo Loans
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
San Diego Jumbo Down Payment Requirement
The Jumbo loan remains popular in high-cost locations throughout California including San Diego. Jumbo mortgages are defined as any loan amount that exceeds the base conforming loan limit. For San Diego County, the limit is … [Read more...] about San Diego Jumbo Down Payment Requirement
Baltimore Jumbo Loan – New 2024 Updates
A jumbo loan in Baltimore is defined as a loan that exceeds the mortgage limit designated by Fannie Mae and Freddie Mac. If you are a resident of Baltimore and want to acquire a loan that exceeds the limits set by Fannie Mae, … [Read more...] about Baltimore Jumbo Loan – New 2024 Updates
5% Down Payment Jumbo Oregon – New 2024 Loan Limits
Homebuyers that want to purchase luxury homes in high-cost locations around Portland - Multnomah County should take notice of the 5% down Jumbo mortgage. Qualified buyers can now finance up to 95% LTV for loan amounts up to … [Read more...] about 5% Down Payment Jumbo Oregon – New 2024 Loan Limits