Durham, North Carolina is the county seat of Durham County with a population of around 317,000 in the most recent census. Durham is part of the MSA known as the Durham-Chapel Hill Metropolitan Statistical Area which is home to … [Read more...] about Raleigh-Durham North Carolina Real Estate – Jumbo Lending
North Carolina Jumbo Loans
Charlotte Jumbo Loan Qualifying Details, Down Payment
The mortgage market today for residential home loans today is broken down into three categories based – Government (FHA, VA, USDA) Conventional and Jumbo loans. Homebuyers in Charlotte will generally choose their loan type based … [Read more...] about Charlotte Jumbo Loan Qualifying Details, Down Payment
Should You Avoid Jumbo Financing?
Jumbo loans are loan amounts above local conforming loan limits, in most locations this conventional loan limit is currently $726,200. Things have changed somewhat over recent years with Jumbo loans and these changes have made … [Read more...] about Should You Avoid Jumbo Financing?