Jumbo Center's Blog

 A mortgage is considered "Jumbo" when the loan amount exceeds the base conforming loan limit of $484,350 throughout most of the nation. However, most of California is considered a high-cost area and the conforming loan limits are higher - up to $726,525 in some locations like LA and San Francisc...

  Jumbo mortgage rates are pretty competitive today and many borrowers financing luxury properties Pittsburgh are seeing if leveraging these low rates makes better sense compared to making a traditional 20 percent down payment. Keeping as much cash as possible working in equities, mutual funds or...

Property values have continued a nice rebound across North Carolina in recent years, especially Charlotte.  As a result, mortgage companies are starting to pull back on Jumbo loan qualifying requirements and allowing for higher loan to value. In fact qualified home buyers can now secure up to 95%...

Michigan home buyers now have more Jumbo loan options with low down payments.  In fact, qualified borrowers can finance up to 95% loan to value.  This is good news for home buyers in high-cost locations of Grand Rapids, Detroit, Ann Arbor, Lansing, Flint, etc.  The housing market has expanded a l...

The housing market has continued to show signs of improvement in Ohio. As a result, select mortgage companies are starting to loosen mortgage qualifying requirements and allowing for lower down payments on Jumbo loans.  A Jumbo loan is a loan amount that exceeds the conforming loan limits of $484...