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, 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
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?
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
The mortgage market 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 down … [Read more...] about Sarasota Jumbo Financing Down Payment Guide
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
There are multiple advantages when shopping for a home with a preapproval letter in hand. In fact, it’s almost standard practice, especially in areas where it’s a seller’s market and the seller has the upper hand during … [Read more...] about Why a Mortgage Preapproval Can Be Beneficial
The real estate market in Columbus, Ohio and surrounding areas provide a wealth of options. The median home value in Columbus is around $237,000 and the median household income is approximately $62,000 per year. Yet despite the … [Read more...] about 5% Down Jumbo Loan Options in Columbus Ohio
Jumbo loans are characterized as any mortgage amount that exceeds the normal 2024 conforming loan limits of $766,550 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 home buyers in the market for higher-end homes still have Jumbo mortgage options available in 2024. Although some higher loan-to-value options have tightened over the last year, buyers can still obtain 90% and even 95% … [Read more...] about Phoenix Jumbo Mortgage Breakdown 2024
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
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
A jumbo loan, also known as a non-conforming or portfolio loan is a mortgage loan exceeding the conforming loan limits set by Freddie Mac and Fannie Mae, which vary by county or home type. In this post, we will review the latest … [Read more...] about Houston Jumbo Mortgage & Down Payment Requirements 2024
New Jersey mortgage loans can fall into one of three categories- conforming, conforming high balance, and jumbo. Jumbo loans can also be called “non-conforming” because they don’t fall into the conforming loan limits set forth by … [Read more...] about New Jersey Jumbo Loan Qualifying Guidelines
Texas Veterans have great home mortgage choices available today. VA Jumbo loans are great for those financing more than the standard Fannie Mae, Freddie Mac or VA loan limit, which is currently $766,550 in Texas. Eligible … [Read more...] about Texas VA Jumbo Loan Guide For Veterans