Jumbo loan interest rates and fees are determined very much the same way as conventional or FHA mortgages. First, mortgage interest rates are greatly influenced by risk. It's really simple, the less risk to the lender or bank, the … [Read more...] about Jumbo Loan Interest Rates and Fees
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Updated Jumbo Home Purchase Programs Dallas
Real estate trends in Dallas have been positive in recent years, and are forecasted to continue the upswing in the foreseeable future. The median home value in Dallas currently sits around $218,500 according to Zillow. Buyers in … [Read more...] about Updated Jumbo Home Purchase Programs Dallas
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?
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
Little Rock Jumbo Home Loan – Minimal Down Payment
Little Rock homebuyers in seeking Jumbo mortgage amounts can read about the new reduced down payment programs available today. First, it's important to identify the meaning of a Jumbo loan. In Pulaski County and all of Arkansas, … [Read more...] about Little Rock Jumbo Home Loan – Minimal Down Payment
Insurance: What You Need to Know When Financing a Rental Property
When financing a rental property, or any property for that matter, the lender will require an insurance policy. Not to say you should ever consider not insuring a home, but the lender will not just require insurance but also a … [Read more...] about Insurance: What You Need to Know When Financing a Rental Property
New Minneapolis Jumbo Loans Without PMI
The median home price in Minneapolis is just under $325,000 in 2021, up 8% from last year. Both the regular and high-end housing markets in Minneapolis have remained steady in recent years. Jumbo loan programs are helping to fuel … [Read more...] about New Minneapolis Jumbo Loans Without PMI
Oklahoma City Jumbo Loan Down Payment List
There are newly expanded Jumbo loan options available to qualified buyers in Oklahoma City today. What exactly is considered a “Jumbo” loan will depend on the location of the property. A conforming loan “conforms” to conventional … [Read more...] about Oklahoma City Jumbo Loan Down Payment List
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
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 $548,250 for 2021. In other areas where … [Read more...] about New Orleans Jumbo Loan Guide- 90% and 95% Financing