A New First – Jumbo Rates Beat Conforming

A really weird thing has taken place in the lending world and has never occurred before, jumbo home loan rates have fallen below conforming loans attributed to government policy and banks with lots of money hell bent on lending because of reduced funding costs. The Mortgage Bankers Association reports that the 30-year fixed conforming rate Read more about A New First – Jumbo Rates Beat Conforming[…]

Are There Jumbo Loans With Just 5% Down?

This is a thought that borrowers want to know but the truth is if you are fortunate enough to get ten-percent down using expanded conforming-guidelines in high-cost areas that should be something to be grateful of because a 5%-down jumbo loan is for the most part gone unless you find a niche portfolio program. This Read more about Are There Jumbo Loans With Just 5% Down?[…]