georgia jumbo loan 5 down: Savannah Jumbo Home Financing
- 07/15/17 11:35 AM
With the median home value in Savannah approximately $143,000 and a median household income of $37,000, homes are very affordable in this south Georgia. Yet despite this relatively low median home value, the luxury home market remains robust. There are many homes listed for sale that fall into the jumbo category in pockets in and around Savannah. For reference, Chatham County FHA mortgage limits are currently set at $275,665. The current conventional loan limit for Savannah is $424,100. Any loan amount greater than this is considered a jumbo mortgage and these programs have different qualifying guidelines buyers should know. One of the requirements for jumbo loans … (0 comments)
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