can i get jumbo loan 5 down: Latest Jumbo Loan Purchase Programs California
- 06/13/17 10:04 AM
The jumbo mortgage financing options in California are typically a bit more restrictive when compared to standard conforming loans. Conventional conforming loan limits today are at $424,100 in most markets and $636,150 in areas that are in so-called “high cost” areas in CA. Yet while there may not be as many jumbo loans issued compared to non-jumbo loans they’re still readily available. Interest rates for jumbo loans can be slightly higher compared to those for conforming loan amounts but really the spread is relatively small. However, recent changes in jumbo guidelines now allow qualified borrowers to still put down as little as … (0 comments)
The jumbo mortgage financing options in California are typically a bit more restrictive when compared to standard conforming loans. Conventional conforming loan limits today are at $424,100 in most markets and $636,150 in areas that are in so-called “high cost” areas in CA. Yet while there may not be as many jumbo loans issued compared to non-jumbo loans they’re still readily available. Interest rates for jumbo loans can be slightly higher compared to those for conforming loan amounts but really the spread is relatively small. However, recent changes in jumbo guidelines now allow qualified borrowers to still put down as little as … (0 comments)
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