About one out of every five loans approved in today’s market is a jumbo loan. Depending upon the location of the property, most jumbo loans are those that are above the conforming loan limit of $417,000 and can be found in both fixed rate and adjustable rate programs in the form of a hybrid. Fixe
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06/26/2016
Minnesota home buyers now have more Jumbo loan options with low down payments. In fact, qualified borrowers can finance up to 95% loan to value. The is great for home buyers in high-cost locations of Minneapolis, St. Paul, Bloomington, Rochester, and Duluth. The housing market has opened up ex
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06/23/2016
The housing market has continued to show signs of improvement in Oregon. As a result, select banks and lenders are starting to loosen mortgage qualifying requirements and allowing for lower down payments, even on Jumbo loans. A Jumbo loan is a loan amount that exceeds the conforming loan limits
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06/14/2016
Luxury home prices has continued a gradual rebound in across California, especially San Diego. As a result, lenders banks 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% Jumbo financing,
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06/12/2016