jumbo: FHA Jumbo Loans Getting More Expensive - 02/14/12 05:07 AM
Federal Housing Administration will "soon" increase its annual premium on jumbo mortgages by 25 basis points, according to government budget documents released Monday morning.
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jumbo: JBGroup Introduces the Freddie Mac High Balance Loan In Colorado - 04/05/11 03:33 PM
The J. Berman Group is now offering the Freddie Mac Super Conforming Program. This gives us an additional conduit for high balance loans. These loans feature flexible Fico scores, generous Cash-Out options, & new options previously unavailable for 2-4 unit properties.
Purchase, Rate/Term, & Cash Out transactions Cash Out eligible transactions on Second Homes & Investment Properties Fixed Rate loan teems only Single Family Residence, PUD's, Condos & 2-4 unit properties. Minimum Fico score is 620 Loan Amounts up to $1,000,000 75% LTV Cash Out Max on primary residence. 80% LTV Max on second homes & investment properties. As always, if … (0 comments)

jumbo: Awesome Product for Mini-Jumbo Homeowners ($417,001 - $750,000) - 03/16/11 08:35 AM
We have an exciting new product offering for Colorado Homeowners. The loan is fixed for 10 years at 4.5%. It's an excellent option for folks stuck in a "Jumbo" loan with an interest rate in the high 5's. 
On a $750,000 loan, the bi-weekly payment is $1753.08. Closing costs of 1.5% make the effective rate (APR) 4.63%. Closing costs for this program are estimated at 150bps.
If you are at 5.5% or higher and believe you will be in the home for between 12 months & 120 months, contact us to determine if this loan is a viable option for you to … (0 comments)

 
Jason Berman, Summit Countynulls Mortgage Guy (JBerman Group)

Jason Berman

Summit Countynulls Mortgage Guy

Frisco, CO

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JBerman Group

Office: (970) 455-4131

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