Lenders have their own internal lingo, not unlike any other industry quite frankly. There are acronyms everywhere such as PMI, DTI and LTV just to name a few. Lenders are also known to have assigned nicknames or other terms that … [Read more...] about Jumbo Piggyback: Finance a Jumbo Loan with Little Down
95% Jumbo Loans
First Time Homebuyer Jumbo Loans
Over just the past few years, the number of different loan programs has fallen into primarily two categories. Conventional loans and government-backed mortgages. Conventional loans are those typically underwritten to guidelines … [Read more...] about First Time Homebuyer Jumbo Loans
High LTV Jumbo Financing Boston
Buyers seeking to finance a luxury home in Boston know firsthand that property values in the area are higher compared to most areas of the country. Recent data from Zillow shows the median home value in Boston is hoving around … [Read more...] about High LTV Jumbo Financing Boston
Colorado Jumbo Financing 95 Percent LTV
Down payment requirements for jumbo loans have been changing in recent years. Many homebuyers in Colorado still aren't aware they can finance up to 95% loan to value through select lenders and banks.Long gone are the days when … [Read more...] about Colorado Jumbo Financing 95 Percent LTV
New 3.5% Down Jumbo Loan Options
Jumbo financing options have continued to expand. As a result, financing LTV limits have increased from 95% to 96.5%. This new 3.5% down Jumbo loan has a few added qualifying requirements not required in the higher down payment … [Read more...] about New 3.5% Down Jumbo Loan Options
California Jumbo Loan Options 95% – Updated Guide
Jumbo loans with 5 down payments are still available throughout California. These new low-down payment jumbo programs allow CA homeowners to take a mortgage loan that exceeds the conventional loan limits set by Fannie Mae or … [Read more...] about California Jumbo Loan Options 95% – Updated Guide
Jumbo Mortgage Financing Newark, NJ
Jumbo Mortgage Financing Newark, NJ: Homes in Essex County have median home values that are higher than in most parts of the country. For example, the median home value in Essex County is around $567,000 and a bit lower in … [Read more...] about Jumbo Mortgage Financing Newark, NJ
Should You Avoid Jumbo Financing?
Jumbo loans are loan amounts above local conforming loan limits, in most locations the 2024 conventional loan limit is currently $766,550. Things have changed somewhat over recent years with Jumbo loans and these changes have … [Read more...] about Should You Avoid Jumbo Financing?
Low Down Payment Jumbo Loans New Hampshire
Financing a higher-end home typically means taking a jumbo loan instead of a conforming loan. The New Hampshire Loan Limit issued by Fannie Mae and Freddie Mac is $766,550 in most of the U.S. as of 2024, with some higher-cost … [Read more...] about Low Down Payment Jumbo Loans New Hampshire
95% Jumbo Home Loan Kansas City
Have you been planning for years to buy a big and luxurious home in Kansas City, Missouri where you can live with your family and create sweet memories? Still short of the money required for the upfront cost? Think you might have … [Read more...] about 95% Jumbo Home Loan Kansas City