Tag: jumbo loans
With limited inventory and an increasing number of buyers looking to purchase, home prices continue to soar in America’s most competitive markets. As such, there has been an ever-increasing number of Jumbo mortgages utilized to finance home purchases.
This poses the questions; what is a Jumbo loan,...
What Loan Amount Is Considered A Jumbo Loan?
Planning to buy property in a pricier neighborhood? If yes, you will likely need to borrow more than the conforming loan limits allow, and that’s where jumbo loans come in.
What is a Jumbo Loan?
Also known as a jumbo mortgage, a jumbo loan is a mortgage loan that exceeds the loan-servicing limits...