Jumbo Loans – More Scrutiny than Conventional Financing https://www.madisonmortgageguys.com/jumbo-loans-more-scrutiny-than-conventional-financing/
If you plan to also obtain a HELOC, or 2nd mortgage, that will also count in the loan-to-value calculation.
Some jumbo loans are now even cheaper than conforming mortgages. Great news if you're in the market for higher end property.
Jumbo Loan- Jumbo Loans are loan amounts that exceeds the conforming high- balance loan limits... Get more information here...
Jumbo-Loan Market Remains Strong in First Half of 2015 #realestate #mortgage
Historically Low Rates Fuels New Sales Among Jumbo Loan Properties https://www.madisonmortgageguys.com/low-rates-fuel-jumbo-loans/
While applying may be tougher, jumbo loan borrowers may have one thing to look forward to: lower down payments.
Jumbo loans for larger amounts of money are becoming an increasingly important option for entry-level home buyers in some parts of the country.
With more lenders offering jumbo loans, borrowers have more bargaining power to…