marine corps: Remember The Veteran-VA JUMBO Loans To $650,000.
- 01/25/08 06:32 AM
With all the problems associated with Jumbo loans today, it may be wise to look at the VA for help. Remember that the VA has a new limit of $650,000. with only 25% down over the $417,000. loan limit. That means that if a Vet were to purchase a home for $650,000. they would only need $58,250. down or approx. 10%. Remember there is no monthly PMI on VA loans. So the next time you take a buyer out or do a mortgage application remember to ask "Are you a Vet." It may pay you to do so. Attn: Realtors, don't forget … (1 comments)
With all the problems associated with Jumbo loans today, it may be wise to look at the VA for help. Remember that the VA has a new limit of $650,000. with only 25% down over the $417,000. loan limit. That means that if a Vet were to purchase a home for $650,000. they would only need $58,250. down or approx. 10%. Remember there is no monthly PMI on VA loans. So the next time you take a buyer out or do a mortgage application remember to ask "Are you a Vet." It may pay you to do so. Attn: Realtors, don't forget … (1 comments)
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