Archive for April 2022
Jumbo Loans: Rates and Requirements
If you are looking to purchase a home that is more on the expensive side, you may be wondering if there are loan options large enough. Conforming loans typically must adhere to the limits and requirements set by Fannie Mae and Freddie Mac. In most areas, the conforming limit is $647,200. Whereas, jumbo loans do…Read More
Jumbo Loans: What are they and is it the right loan option for you?
When it comes to buying a home, it’s important to identify the type of mortgage that best suits your needs. If you are looking at a bigger, more expensive home, a jumbo loan may be the right mortgage option for you. A jumbo loan is considered a “non-conforming loan,” because it surpasses the conforming loan…Read More