jumbo loans: Why buy a Luxury Home in Chattanooga TN Today? - 10/07/10 02:50 AM
Seems that people are struggling with "why should I buy today" particularly in luxury homes. There have been some large price corrections in Chattanooga Luxury real estate, both in single family and luxury condos.  These corrections have not been as severe as some parts of the country, but no less painful! 
A "jumbo" loan is the most common method of purchasing a luxury home.  A "jumbo" is classifed as being over $417,000 in amount.  These loans have had less attractive interest rates and much higher down payment requirements than the FHA loan programs that you have heard so much about.  FHA home … (0 comments)

Mark Hite (Keller Williams Realty)

Mark Hite

Chattanooga, TN

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Keller Williams Realty

Address: 202 Manufacturers Rd, Chattanooga, TN, 37405

Office: (423) 664-1900

Mobile: (423) 667-2459

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