Sometimes lenders refer to qualifying for a jumbo mortgage as the “Three C’s” which is a moniker for Collateral, Capacity, and Character. The phrase is a generalization, but overall it’s a phrase often heard in the lending world. … [Read more...] about Virginia Beach Jumbo Mortgage Financing
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Fort Myers Jumbo Mortgage Limits and Qualifying Guide
The real estate market in Fort Myers continues to perform well as nearly 1,000 people are moving to Florida each day. As a result, home values have remained pretty steady across the state, even with the market returning to more … [Read more...] about Fort Myers Jumbo Mortgage Limits and Qualifying Guide
95% Jumbo Financing Changes
Great news, the 5% down payment (95%) Jumbo mortgage loan limits have been increased from $1,000,000 to $1,500,000. This applies to approved home buyers nationwide. This is especially good news for home buyers in more expensive … [Read more...] about 95% Jumbo Financing Changes
Newly Updated 2025 Jumbo Home Financing Guide
Jumbo mortgages fill an important gap for buyers purchasing higher-end homes that require loan amounts above the standard conventional mortgage limit. These mortgages exceed the conforming loan limits set by Freddie Mac and Fannie … [Read more...] about Newly Updated 2025 Jumbo Home Financing Guide
Jumbo Mortgage Fix Rate Or ARM
Getting approved for a jumbo mortgage loan is pretty much the same as other mortgage programs today. Most lenders and banks offer the same basic suite of loan options, and among them is the jumbo mortgage.A jumbo mortgage by … [Read more...] about Jumbo Mortgage Fix Rate Or ARM
Naperville, IL Low Down Payment Mortgage Programs
By far the most densely populated region in Illinois centers around Chicago. While Chicago is the most populous city in the state, surrounding communities also contribute to the overall Metropolitan Statistical Area or "MSA" One … [Read more...] about Naperville, IL Low Down Payment Mortgage Programs
Connecticut Jumbo Mortgage Guide
Qualified home buyers in Connecticut now have plenty of new Jumbo mortgage options available. Many of these new financing options require very little down payment and offer aggressive loan limits. Below we will outline all the … [Read more...] about Connecticut Jumbo Mortgage Guide
Raleigh Jumbo Mortgage Options
Home buyers in Raleigh, NC have some new mortgage options that are available up to 96.5% loan to value. These programs are especially helpful for home buyers who have limited down payments or just don't want to put down 10, 15, … [Read more...] about Raleigh Jumbo Mortgage Options
Luxury Condo Financing Chicago
Those who begin exploring the option of living the condominium lifestyle soon discover there is more than just a place to live. On the other hand, there are those who would rather purchase a more traditional single-family luxury … [Read more...] about Luxury Condo Financing Chicago
Knoxville Jumbo Home Financing Programs
Financing a luxury home in and around Knoxville, TN means obtaining a jumbo loan. For any mortgage loan above the current conforming loan limit of $806,500, lenders refer to these larger amounts as a jumbo. Note: some locations in … [Read more...] about Knoxville Jumbo Home Financing Programs
Newly Updated Jumbo Loan Programs Washington DC
Jumbo mortgage requirements have continued to relax across the nation. Approved home buyers in Virginia & Washington, DC can now finance up to 95% Loan To Value. All the latest requirements are listed below, home buyers that … [Read more...] about Newly Updated Jumbo Loan Programs Washington DC
What is Considered a Jumbo Loan in Texas?
If you are a homebuyer in Texas, you might have come across the term "Jumbo" loan. So, what is considered a jumbo loan in Texas and how does it differ from a conventional loan? In simple terms, a jumbo loan is a mortgage that … [Read more...] about What is Considered a Jumbo Loan in Texas?
Tulsa Jumbo Real Estate Financing
Tulsa, Oklahoma is the second largest city in Oklahoma behind the state capital of Oklahoma City. The city is located in the southern portion of the Great Plains and much of the land in the state is rather flat, which is one … [Read more...] about Tulsa Jumbo Real Estate Financing
Jumbo ARM or Fixed: Which is Better?
When shopping for a luxury home you demand certain characteristics of a potential purchase. Where do you want to live? Will this be a primary residence, or are you buying a second home to spend part of the year? How big? … [Read more...] about Jumbo ARM or Fixed: Which is Better?
Las Vegas Jumbo Mortgage Programs
Home buyers today in Las Vegas have much more jumbo financing flexibility today when compared to years ago. Jumbo financing used to require large down payments, in some cases over 20% depending on the bank or lender. Today, … [Read more...] about Las Vegas Jumbo Mortgage Programs