Recent changes in conforming loan limits for 2025 raised the maximum loan cap from $766,550 to $806,500 in New Mexico. That also changed the minimum amount for a jumbo loan. A jumbo loan is one that is greater than the conforming … [Read more...] about 5% Down Jumbo Loan Albuquerque
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Duluth Jumbo and Government Home Loans
The Duluth housing market has remained robust in recent years. As a result, certain lenders are starting to relax loan qualifying requirements and allowing for reduced down payment mortgage options. Below we will take a look at … [Read more...] about Duluth Jumbo and Government Home Loans
Lowest Down Payment Jumbo Loan California
Many experts agree, with today’s low rates, it makes sense to leverage your assets as much as possible when financing a home. However, with home values still on the rise from San Francisco to San Diego, jumbo loans are typically … [Read more...] about Lowest Down Payment Jumbo Loan California
What Is Considered a Jumbo Loan?
What is considered a jumbo loan? The short answer is any mortgage amount that exceeds the conforming loan limit. For most of the nation, the current conventional loan limit is set at $806,500 for a standard one-unit property. … [Read more...] about What Is Considered a Jumbo Loan?
Oakland – Alameda County Jumbo Mortgage Differences
Areas in California represent some of the highest median home values in the continental United States, primarily in the cities of San Francisco, Los Angeles, and San Diego. However, in Oakland, the median home values are also on … [Read more...] about Oakland – Alameda County Jumbo Mortgage Differences
Wisconsin Jumbo Home Loan Financing
Home buyers across Wisconsin including Milwaukee, Madison, and Green Bay have new Jumbo home mortgage programs available that require very low down payments. It seemed not long ago, many Jumbo loans required a 20 percent or … [Read more...] about Wisconsin Jumbo Home Loan Financing
Jumbo Loan Guide For Self Employed Business Owners
Qualifying for a jumbo loan while being self-employed isn’t much different than getting any other type of mortgage. The majority of buyers who utilize jumbo financing today are self-employed. Jumbo loans are loan amounts above … [Read more...] about Jumbo Loan Guide For Self Employed Business Owners
Dallas Jumbo Mortgage – New Lending Updates
A jumbo mortgage is defined as a mortgage that is different to most conventional loans, mainly in part that the amount of the loans is above the basic conforming loan limits. In Dallas, the standard conforming loan limit in 2025 … [Read more...] about Dallas Jumbo Mortgage – New Lending Updates
Updated 2025 Jumbo Mortgage Guide
You’ve probably heard the term “jumbo” as it relates to mortgage lending, especially if you live in an area like Florida, California, Massachusetts or New York where home values are much higher compared to other parts of the … [Read more...] about Updated 2025 Jumbo Mortgage Guide
Most Popular Jumbo Programs Cleveland
When financing luxury homes in Cleveland or homes located in a higher-cost area, a jumbo loan is typically the program of choice. Conventional or "Conforming" loans are those that conform to underwriting guidelines set by Fannie … [Read more...] about Most Popular Jumbo Programs Cleveland
Sarasota Jumbo Financing Down Payment Guide
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
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
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 $806,500 in Arizona. Certain high costs locations like California, Virginia, … [Read more...] about Phoenix-Scottsdale Jumbo Mortgage Options
New 2025 Jumbo Loan Requirements
Homeowners can find all the latest guidelines listed below, please reach out to us to learn more about any of the options listed below. You can call the number above, or just submit the Quick Call form on this page.In the … [Read more...] about New 2025 Jumbo Loan Requirements
Charlotte Jumbo Mortgage Qualifying
Jumbo loans are so-called primarily due to the amount borrowed compared with the conforming loan limit for the area. In most parts of the country, like Charlotte, the maximum conforming loan limit is currently $806,500.A Jumbo … [Read more...] about Charlotte Jumbo Mortgage Qualifying