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
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Naperville, IL Low Down Payment Mortgage Programs
By far the most densely populated region in Illinois centers around Chicago. While Chicago is the most populous city in the state, surrounding communities also contribute to the overall Metropolitan Statistical Area or "MSA" One … [Read more...] about Naperville, IL Low Down Payment Mortgage 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
What Is Considered a Jumbo Loan?
What is considered a jumbo loan? The short answer is any mortgage amount the exceeds the conforming loan limit. For most of the nation, the current conventional loan limit is set at $484,350 for a standard one-unit property. … [Read more...] about What Is Considered a Jumbo Loan?
Syracuse Jumbo Loan Down Payment Chart
High-end home prices have continued a gradual rebound all across New York, Syracuse included. As a result, lenders and banks are starting to expand their low down payment Jumbo mortgage qualifying criteria and permitting higher … [Read more...] about Syracuse Jumbo Loan Down Payment Chart
Jumbo Financing for High End Homes in Boston
One can look back to 2009 when home prices were at their lowest in years, this as 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
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 amounts being loaned is considered above the basic conforming loan limits. In Dallas, the standard conforming loan limit … [Read more...] about Dallas Jumbo Mortgage – New Lending Updates
Jumbo Loan Details For Reno Home Buyers
Jumbo loans are characterized as any mortgage amount that exceeds the normal conforming loan limit of $484,350 for all of Nevada and most the U.S. Jumbo financing options are made available to qualified borrowers in Reno who want … [Read more...] about Jumbo Loan Details For Reno Home Buyers
Conforming Loan Limits Increase 2019
The Federal Housing Finance Agency (FHFA) announced this week the new maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. In most of the U.S., the 2019 maximum conforming loan limit … [Read more...] about Conforming Loan Limits Increase 2019
Updated 2019 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 2019 Jumbo Mortgage Guide