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 around $40,000 this year to … [Read more...] about Jumbo Loan Options 5% and 10% Down St. Louis
2025 Jumbo Loan
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 Limit Caps 2025
Fannie Mae and Freddie Mac raised their respective conforming loan limit to $806,500 - January 1, 2025. Jumbo loan minimums in turn also increased to reflect the new 2025 Conforming loan limitsThe protocol was established … [Read more...] about Jumbo Loan Limit Caps 2025
5% Down Jumbo Loan Albuquerque
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
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
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
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
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
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
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
Conforming Loan Limits Increase 2025
The Federal Housing Finance Agency (FHFA) recently announced the new maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2025. In most of the U.S., the maximum conforming loan limit for … [Read more...] about Conforming Loan Limits Increase 2025