jumbo mortgage: Jumbo Home Loans Coming Back
- 04/28/12 06:46 AM
In recent years as credit standards have tightened on mortgages and many home loan products have gone away, with more than a few for the good, jumbo home loans have become more difficult as well. However, it now appears that this trend is being reversed as jumbo mortgage are starting to make a comeback with both lower interest rates and higher loan to values available.
A jumbo mortgage is anything over the conforming loan limit for that geographic area, which currently sits at $417,000 for all areas of the country that are not considered high cost. Here in Arizona, that (0 comments)
jumbo mortgage: Jumbo Home Loans Making A Comeback
- 07/19/10 11:48 AM
Jumbo Home Loans Making A Comeback In recent years as credit standards have tightened on mortgages and many home loan products have gone away, with more than a few for the good, jumbo home loans have become more difficult as well. However, it now appears that this trend is being reversed as jumbo mortgage are starting to make a comeback with both lower interest rates and higher loan to values available. A jumbo mortgage is anything over the conforming loan limit for that geographic area, which currently sits at $417,000 for all areas of the country that are not considered high (0 comments)