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
2023 Jumbo Loan
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
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
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
Houston Jumbo Mortgage & Down Payment Requirements 2023
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 2023
New Jersey Jumbo Loan Qualifying Guidelines
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 VA Jumbo Loan Guide For Veterans
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 $726,200 in Texas. Eligible … [Read more...] about Texas VA Jumbo Loan Guide For Veterans
Jumbo Loan Options 5% and 10% Down St. Louis
Jumbo loans are mortgages that exceed the current conforming loan amounts established by mortgage giants Fannie Mae and Freddie Mac. Just recently, they announced the conforming loan limit increase from $647,200 to $726,200 … [Read more...] about Jumbo Loan Options 5% and 10% Down St. Louis
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. In fact, the majority of buyers who utilize jumbo financing today are self-employed. Jumbo loans are loan amounts … [Read more...] about Jumbo Loan Guide For Self Employed Business Owners
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
5% Down Jumbo Loan Albuquerque
Recent changes in conforming loan limits for 2023 raised the maximum loan cap from $647,200 to $726,200 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
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 $726,200 for a standard one-unit property. … [Read more...] about What Is Considered a Jumbo Loan?
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 $726,200. A Jumbo … [Read more...] about Charlotte Jumbo Mortgage Qualifying