| Jumbo Loans - Housing Market Booming? It's clear that the housing market bottomed in October 2011. But since that month, home sales and home values have made steady gains. Demand for homes has climbed radically, the number of homes on the market has dropped, and prices have moved higher in many U.S. markets. This is especially true for price points considered to be in the luxury housing market. For example, sales of million dollar homes are up more than 25 percent from one year ago! Jumbo Mortgage Loans For Home Buyers Need a lower payment and a lesser down payment? We're here to serve you! Fannie Mae and Freddie Mac require down payments of 10% to use their respective "jumbo-conforming" mortgages -- mortgages with loan sizes of more than $417,000 to $10,000,000. Down payment requirements vary by credit score and loan-to-value (LTV). Generally speaking, jumbo loans programs can either be fixed or adjustable and may have an interest-only option available. Because jumbo loan programs change every day, it is important to speak with a jumbo loan expert who can understand your current financial situation, what you are trying to accomplish and then help you find the best jumbo loan program availablle |
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| Get a Jumbo Loan Quote from a Licensed Loan Officer! $10 million •Purchase and Refinance programs •Cash out programs available •Fixed and adjustable-rate options •First and Second Homes permitted Invest 60 seconds in our short loan request form. You'll be glad you did! |
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