Did you know that Summit County, Colorado home owners get preferred treatment over just about every other county in Colorado?
It’s true. There are only four counties in all of Colorado that are considered “High Balance, High Cost” counties. These areas get to take advantage of lower rates for loan amounts, that traditionally, are considered Jumbo mortgages in other parts of the state.
I wrote a bit more about this and posted a PDF of all the counties and their maximum balances on my mortgage blog, The J. Berman Group. Would love some feedback about this awesome little benefit for residents of Summit County. Article.