2020 Kentucky VA LOAN LIMITS
The changes are part of the Blue Water Navy Vietnam Veterans Act of 2019, which became effective Jan. 1, 2020. Besides extending disability benefits to more Vietnam War veterans exposed to Agent O…
Could a Jumbo Mortgage be a Wise Move for High Worth Individuals?
The resurgence of jumbo mortgage loans coupled with easier lending is making it much easier for people to buy a dream home while retaining their hard earned nest egg.
What Is A Jumbo Loan? Jumbo Program Guidelines
There is a solid reason why the word “jumbo” is used to identify a certain type of mortgage loan. Typically, a jumbo loan is enormous in size when compared to an average home loan. For this reason, jumbo loans have a few special criteria that set them apart from other types of loans. What is a jumbo loan? Jumbo Loan Limit Guidelines First and foremost, the distinguishing factor that classifies a mortgage as a jumbo loan is the actual loan amount. In most areas, any mortgage loan above…
Jumbo Reverse Mortgage Loans VS HECM Reverse Mortgage Loans | REVERSE MORTGAGE LOAN ADVISORS (714) 271-8524
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Current Jumbo Mortgage Rates | FREEandCLEAR
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Jumbo Mortgage Myths That Are Holding You Back
Many misconceptions exist about the process of acquiring a jumbo mortgage loan. Thanks to the improving luxury housing market, jumbo loans have made a rebound. This article discusses the top 5 jumbo mortgage myths and why they are wrong.
On Jumbo Home Loans, Lower Down Payments for High Earners
Mortgage lenders may loosen down payment requirements for a so-called “Henry”—an acronym for ‘high earner, not rich yet.’
What is a Jumbo Loan?
What is a Jumbo Loan? | A jumbo loan will allow you to borrow a larger sum of money for a property. However, it is worth noting that since jumbo loans are riskier and larger, the qualifications may also be higher.
Jumbo Loan Interest Rates
Conventional loans have limits on how large they can be. In Utah county, conventional loans go up to $510,400. In Salt Lake county, those limits are currently $600,000. If you want to purchase a home that is over this price range, you'd need what's called a jumbo loan. Many people buy homes over that limit using a larger down payment so that they can still use a conventional loan. If, however, you want to get a loan amount over that conventional amount and can't lower the loan amount with a…
How to Get Approved for Jumbo Loan After Foreclosure | Complete Guide
You do not have to wait 7 years to get a Jumbo Loan after foreclosure. Here are things you need to know if you want to get approved sooner.
Difference Between a Jumbo Loan and a Conforming Loan
Difference Between a Jumbo Loan and a Conforming Loan | The size of the loan is the key difference between a jumbo loan and a conforming loan. However, a Jumbo loan is characterized by other factors including heavy down payment, high-interest rates, and high closing cost.