Jumbo Loans play an important role for home buyers purchasing luxury homes and require loan amounts above regular conforming loans. Conforming loans in 2019 are limited to $484,350 in most … [Read more...] about 2019 Jumbo Loan Limits & Down Payment
2019 Jumbo Loan Limits & Down Payment
Revised 2019 Jumbo Loan Limits
The new revised Jumbo loan limits will depend on the buyers down payment & loan to value. Borrowers can read the latest mortgage limits below. 90% Jumbo Loan Limits: $3,000,000 for … [Read more...] about Revised 2019 Jumbo Loan Limits
100% Financing Jumbo Loan Chicago
Great new for buyers in Chicago and surrounding suburbs - 100% financing Jumbo mortgage options are now available for qualified home buyers around the city. The details of this no money down program … [Read more...] about 100% Financing Jumbo Loan Chicago
Paying Points Jumbo Loan Maryland?
For those who have financed a home before, either for a purchase or refinance, the first time around they might have been surprised at all the options available to them. First, they must decide … [Read more...] about Paying Points Jumbo Loan Maryland?
Conforming, High Balance, Jumbo Loan Difference
Depending on how much you intend to borrow, your mortgage will fall into two basic categories- conforming and jumbo. A third sub-category exists called a “high balance” conforming loan. Why do these … [Read more...] about Conforming, High Balance, Jumbo Loan Difference
Preparing For Jumbo Appraisal
Whether you’re a seller and reviewing an offer on your luxury home or you’re thinking about refinancing, at some point your property will be appraised to arrive at a current market value. If you’re a … [Read more...] about Preparing For Jumbo Appraisal
High Balance Conforming vs. Jumbo
Have you been doing some research on your own about financing high end real estate only to be confused about some of the words being used? If so, you’re not alone. In fact, the lending industry is … [Read more...] about High Balance Conforming vs. Jumbo
Jumbo Loans For Self-Employed
Getting a jumbo loan while being self-employed isn’t very much different than getting any other type of loan. In fact, most homebuyers that utilize jumbo financing today are self-employed. Jumbo … [Read more...] about Jumbo Loans For Self-Employed
How Are Jumbo Loan Limits Set?
If you’re in the market for a jumbo loan you might be wondering why there even is such a category of a jumbo mortgage. Why do lenders separate jumbo loans from other types of home loan programs? … [Read more...] about How Are Jumbo Loan Limits Set?
Low Down Payment Jumbo Loans Minnesota
Minnesota home buyers who are in the market for higher end homes are aware that available jumbo loan programs, while similar, can have slightly higher interest rates compared to conforming loans and … [Read more...] about Low Down Payment Jumbo Loans Minnesota