phoenix 10 down jumbo mortgage: Phoenix Minimum Down Payment For Jumbo Loan? - 05/26/18 09:06 AM

As home prices continue to rise, many home buyers find the home they really want to buy has just been pushed into the “jumbo” price range. Jumbo loans will carry slightly higher interest rates than conforming ones and credit scores need to be a bit higher. Other than that, jumbo mortgages in Phoenix are approved in much the same manner as any other Conventional or FHA mortgage. Today, a jumbo loan is any loan above the current conforming loan limit of $453,100. This conforming loan limit applies to most of Arizona and most of the U.S. but certain high-cost states are … (0 comments)

 
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