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 $766,550.A Jumbo … [Read more...] about Charlotte Jumbo Mortgage Qualifying
2024 Jumbo Loan
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 $766,550 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
5% Down Jumbo Loan Albuquerque
Recent changes in conforming loan limits for 2024 raised the maximum loan cap from $647,200 to $766,550 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
New 2024 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 2024 Jumbo Loan Requirements
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
Nashville-Davidson County Jumbo Mortgage
Nashville and the surrounding locations have experienced rapid growth in recent years. Nashville currently adds about 100 new residents each day. Job growth and the real estate market in general, have steadily increased in recent … [Read more...] about Nashville-Davidson County Jumbo Mortgage
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
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
Newly Updated 2024 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 2024 Jumbo Home Financing 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
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 $766,550, lenders refer to these larger amounts as a jumbo. Note: some locations in … [Read more...] about Knoxville Jumbo Home Financing Programs
Jumbo Loan Limit Caps 2024
Fannie Mae and Freddie Mac raised their respective conforming loan limit to $766,550 - January 1, 2024. Jumbo loan minimums in turn also increased to reflect the new 2024 Conforming Loan LimitsThe protocol was established … [Read more...] about Jumbo Loan Limit Caps 2024
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 96.5% Loan To Value. All the latest requirements are listed below, home buyers that … [Read more...] about Newly Updated Jumbo Loan Programs Washington DC
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