Similar to other major metropolitan areas across the country, median home sales prices in Atlanta have increased significantly in recent years and are currently around $390,000. Compare that with almost six years ago, when the … [Read more...] about 2024 Atlanta Low Down Payment Jumbo Loans
Jumbo Mortgage
Little Rock Jumbo Home Loan – Minimal Down Payment
Little Rock homebuyers 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, any … [Read more...] about Little Rock Jumbo Home Loan – Minimal Down Payment
Tips For Combating Higher Jumbo Mortgage Interest Rates
It's no secret that mortgage interest rates have increased by a pretty wide margin over the past year. Many of the leading research agencies expect the average 30 yr fixed rate to remain above 7% for the rest of the year. The … [Read more...] about Tips For Combating Higher Jumbo Mortgage Interest Rates
What Credit Score is Needed For Jumbo Loans?
We often receive questions about what credit score is needed for Jumbo loans. Like many other mortgage types, the answer depends on many variables like the down payment amount, and final loan amount. Let's take a quick look at and … [Read more...] about What Credit Score is Needed For Jumbo Loans?
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?
Jumbo Loans for New Construction – Recent 2024 Updates
All home buyers looking to build should know certain things when it comes to financing options in 2024. Designing and constructing a home exclusive to your needs is preferred by many people compared to buying an existing … [Read more...] about Jumbo Loans for New Construction – Recent 2024 Updates
2024 Jumbo Loan Home Buyers Guide
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
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
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 mortgage rates will settle in … [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