You might need a jumbo mortgage (aka jumbo loan) if you're buying an expensive property or even a regular home in a pricey market. That's because conforming loans — those meeting Fannie Mae and ...
Fortunately, the best jumbo loan lenders offer mortgages with amounts ranging from the conventional loan maximum all the way to tens of millions of dollars. Here, we'll discuss some of the most ...
In today’s high-cost housing market, you don’t need to be shopping for a mansion to stumble into jumbo loan territory. Traditionally used for luxury properties, jumbo loans are becoming an everyday ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. If you’re in the market ...
If you’re looking to buy a home, choosing the right mortgage lender can save you money. That’s especially true if you’re planning on taking out a larger jumbo loan. To help you in your search, here is ...
Rocket Mortgage says it’s raising its limit on conforming loans backed by Fannie Mae and Freddie Mac. This increase comes ahead of the Federal Housing Finance Agency’s (FHFA) late November ...
Refinancing your mortgage can make financial sense for many reasons. You may qualify for better loan terms that can make your monthly mortgage payments more affordable. Or you can shorten your loan ...
Aly J. Yale is a contributor at Buy Side and an expert on real estate, mortgages, investing and home renovations. Of all the mortgage options out there, the conventional loan is the most popular. But ...
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