Where Are The Jumbo Loans?

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Real Estate Agent with RE/MAX Estates Properties 00598848

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The availability of Jumbo Loans have affected the sale of Palos Verdes real estateover $1,200,000.  It is a little tricky because there are jumbo loans available at rates that match May of 2008 - 6.875%.  However, the number of buyers who can qualify for those loans has been diminished because these loans must be have full income verification and the borrower must have FICO scores of 700 or above.  Click here to continue reading......

 

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ActiveRain Community
Location:
California Los Angeles County Palos Verdes Peninsula Palos Verdes Peninsula
Tags:
mortgages
financial
seller advice
buyer advice
getting a mortgage

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Elaine Murphy Carlson

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