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
California Jumbo Loan
San Bernardino County Jumbo Loan Chart
Each new year brings many changes and the mortgage industry is no different. Lending guidelines change frequently and one of those early-notice changes is the new conforming mortgage loan limits that take effect on January 1 of … [Read more...] about San Bernardino County Jumbo Loan Chart
What is a Super Jumbo Loan in California?
You’ve likely heard the terms “conforming loan” and “jumbo” as it relates to the mortgage industry. A conforming mortgage is one that conforms to Fannie Mae or Freddie Mac guidelines. When a lender approves a loan using conforming … [Read more...] about What is a Super Jumbo Loan in California?
California Jumbo Loan Appraisal Process
Regardless of what your sales contract says when you buy that higher end home in California, that might not be the final value your lender will use when evaluating your loan application. Does that surprise you? It does many, but … [Read more...] about California Jumbo Loan Appraisal Process
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
5 Percent Down Payment Jumbo CA
The video below will provide some insight into the 5% down payment jumbo loan in California. Learn more about all the 95% financing options for home buyers in higher costs locations like Los Angeles, San Francisco, San Diego and … [Read more...] about 5 Percent Down Payment Jumbo CA
California Jumbo Loan Options 95%
California Jumbo Loan Options 95%: Jumbo loans with 5 down payment are back in California. These new low down payment jumbo programs allow CA homeowners to take a mortgage loan that exceeds the conforming loan limits set by Fannie … [Read more...] about California Jumbo Loan Options 95%