Jumbo Loan: What it takes to Refinance it?

Jumbo Loan: What it takes to Refinance it?

If you are aware of the latest interest rates on mortgages then you know they have gone down recently. And when interest rates go down in a market there is one question that pops up in the mind of everyone with an active mortgage, “Should I apply for a mortgage...
Jumbo Loan Limits 2021: What You Need to Know

Jumbo Loan Limits 2021: What You Need to Know

If you have eyes on a home in a high-value neighborhood, your first concern would be, how are you going to manage to afford it? You probably looked it up and conventional mortgages have a limit, this limit doesn’t cover the asking price for these expensive homes. The...
Jumbo vs. Conforming loan: What’s the Difference?

Jumbo vs. Conforming loan: What’s the Difference?

There are different mortgage plans available in the market and they can each have their own pros and cons. Some of the most versatile mortgage plans in the market are conventional loans because they can be molded to fit your needs, however, all loans have their limits...
Jumbo Loans: When a Regular Mortgage Isn’t Enough

Jumbo Loans: When a Regular Mortgage Isn’t Enough

When a conventional mortgage isn’t enough, a jumbo loan might be the answer. A jumbo loan is used to fund homes that are too costly for a conventional loan, and we will help you discover whether a conventional loan would be enough to cover the cost of the home...
Jumbo Loans, How to get the Lowest Loan Rates

Jumbo Loans, How to get the Lowest Loan Rates

Any mortgage that exceeds the Federal Housing Finance Agency (FHFA) conforming loan limits is referred to as a jumbo loan. Jumbo loans are also known as non-conforming loans because they surpass the conforming loan limits. For the best jumbo mortgage rates, a credit...
Jumbo Loans: How to qualify for a Jumbo Home Loan?

Jumbo Loans: How to qualify for a Jumbo Home Loan?

What is a jumbo loan? Jumbo loans vs. conforming loans Conventional loans have limits according to the guidelines of the Federal Housing Finance Agency (FHFA). Loans that conform to these guidelines are called Conforming Conventional Loans and those that don’t are...
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