loan limits california

California Loan Limits Raised in 2018

As a result of ever-increasing home prices, California jumbo loan limits have been raised in 2018. In counties across the Golden State, any financing amounts over $453,100 will be regarded as a jumbo loan. The exceptions are primarily the coastal counties which include, San Francisco and Los Angeles, where the new ceiling is capped at Read more about California Loan Limits Raised in 2018[…]

income to buy one million

Annual Salary Needed to Buy A Million Dollar Home

How to Afford a Million Dollar House A barometer that many successful people and their peers use to define if they’ve made it or not is how much their home is worth. Most would agree that having the ability to afford a one million dollar home does indicate a notable achievement. So, if you can Read more about Annual Salary Needed to Buy A Million Dollar Home[…]

jumbo under 20 down

California Jumbo Loans with Less than 20 Percent Down

Overview of Low Down Payment Options 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 checking or savings account or move your investment brokerage Read more about California Jumbo Loans with Less than 20 Percent Down[…]

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

Buying And Financing a Home In California or Florida If you are looking to purchase a home in upscale neighborhoods or expensive cities like Los Angeles, San Francisco, and San Diego in California or Winter Park, Naples, and Longboat Key in the Sunshine State understand that mortgage financing is more demanding for homes in these Read more about Expensive Coastal Cities: Buying a Home In High-Cost Locations[…]