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
North Carolina Jumbo Loans
Durham, North Carolina is the county seat of Durham County with a population of around 250,000. Durham is part of the MSA known as the Durham-Chapel Hill Metropolitan Statistical Area which is home to more than 500,000 residents. … [Read more...] about Durham, North Carolina Real Estate – Jumbo Lending
Jumbo loans are loan amounts above local conforming loan limits, in most locations this conventional loan limit is currently $510,400. Things have changed somewhat over recent years with Jumbo loans and these changes have made … [Read more...] about Should You Avoid Jumbo Financing?