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
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Jumbo Loan Approval Kentucky
If you’re in the mortgage industry you already know that both Fannie Mae and Freddie Mac raised the maximum conforming loan limit for 2023. The increase, from $647,200 to $726,200 took effect on January 1, 2023. Each year, Fannie … [Read more...] about Jumbo Loan Approval Kentucky
Jumbo Financing for High End Homes in Boston
One can look back to 2009 when home prices were at their lowest in years, this is a result of the general economic decline felt in most regions of the country. The housing market in Boston, Massachusetts has always held values … [Read more...] about Jumbo Financing for High End Homes in Boston
Phoenix-Scottsdale Jumbo Mortgage Options
A mortgage is considered a "jumbo loan" when the loan amount exceeds the set conforming loan limit. Conforming loans have a maximum loan amount of $726,200 in Arizona. Certain high costs locations like California, Virginia, … [Read more...] about Phoenix-Scottsdale Jumbo Mortgage Options
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
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 $726,200, lenders refer to these larger amounts as a jumbo. Note: some locations in … [Read more...] about Knoxville Jumbo Home Financing Programs
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
Sarasota Jumbo Financing Down Payment Guide
The mortgage market today for residential home loans today is broken down into three categories – Government (FHA, VA, USDA) Conventional, and Jumbo loans. Home buyers in Sarasota will generally choose their loan type based on the … [Read more...] about Sarasota Jumbo Financing Down Payment Guide
Denver Jumbo Loan Limits and Down Payment
Denver Jumbo loan limits and down payment requirements are the topics up for discussion in today's post. We will also discuss the important credit and loan qualifying requirements buyers will need to know.*Homebuyers that … [Read more...] about Denver Jumbo Loan Limits and Down Payment
Syracuse Jumbo Loan Down Payment Chart
High-end home prices have continued a gradual rebound all across New York, Syracuse included. As a result, lenders and banks are starting to expand their low down payment Jumbo mortgage qualifying criteria and permitting higher … [Read more...] about Syracuse Jumbo Loan Down Payment Chart
5% Down Jumbo Loan Options in Columbus Ohio
The real estate market in Columbus, Ohio and surrounding areas provide a wealth of options. The median home value in Columbus is around $241,000 and the median household income is approximately $58,000 per year. Yet despite the … [Read more...] about 5% Down Jumbo Loan Options in Columbus Ohio
Jumbo Loan Details For Reno Home Buyers
Jumbo loans are characterized as any mortgage amount that exceeds the normal 2023 conforming loan limits of $726,200 for all of Nevada and most of the U.S. Jumbo financing options are made available to qualified borrowers in Reno … [Read more...] about Jumbo Loan Details For Reno Home Buyers
Phoenix Jumbo Mortgage Breakdown 2023
Phoenix home buyers who are in the market for higher-end homes still have Jumbo mortgage options available in 2023. Although some higher loan-to-value options have tightened over the last year, buyers can still obtain 90% and … [Read more...] about Phoenix Jumbo Mortgage Breakdown 2023
Jumbo Construction Permanent Mortgage
Jumbo construction loans enable buyers to finance and build their luxury homes through the duration of construction. The construction to permanent loan (also known as "CP" loan for short) is designed for the time required to build … [Read more...] about Jumbo Construction Permanent Mortgage
High LTV Omaha Jumbo Loan
Omaha Jumbo loan programs have recently expanded to accommodate financing up to 95% for eligible home buyers. Flexible Jumbo mortgages have remained popular for many Nebraska home buyers who require a high balance loan.The … [Read more...] about High LTV Omaha Jumbo Loan
