California Jumbo Loans with Less than 20 Percent Down

jumbo under 20 down

Jumbo loans, also called non-conforming loans, typically demand that borrowers come in with a 20% down payment if you go to your local bank. Some will even offer you 10-percent down payment up to $1 million if you open a

Posted in 10 percent down, 5 percent down, Down Payment

Expensive Coastal Cities: Buying a Home In High-Cost Locations

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Buying And Financing a Home In California and Florida If you are looking to purchase a home in upscale neighborhoods or expensive cities like Los Angeles, San Francisco, San Diego in California or Winter Park, Naples, and Longboat Key in

Posted in California, Florida, super jumbo loan

Home Flippers Making $100k+ in these California Cities

Second quarter 2016 completed home flip transactions rose 14 percent from the previous quarter and increased by 3 percent from 2015 to the highest amount of home flips since the second quarter of 2010. A home flip occurs when a

Posted in California Housing Market, Los Angeles, San Diego, San Francisco, San Jose

Low Down Payment Mortgages for Million Dollar Homes

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Since January 2008, the minimum down payment of 20% was the mortgage industry norm for mortgages over $417,000, also known as jumbo mortgages. In modern times, though, lenders are loosening up the underwriting guideline on jumbos for the 20% down

Posted in 10 percent down, California, Down Payment