Some home buyers today require higher loan amounts just not offered through FHA or Conventional mortgage programs. Additionally, many of these buyers do not have the 20% down payment required by most lenders and banks on their jumbo loans. JMS is now proud to offer Colorado home buyers Jumbo financing …Read More
Jumbo Home Loans
95% Jumbo Home Financing Las Vegas
95% Jumbo loans are back in Las Vegas. This is great for home buyers that need to borrower more than the conventional or FHA loan limits permit and have limited down payment. The current 2022 conventional loan limit in Nevada is $647,200. FHA is capped at $420,680 in Clark County. …Read More
Conforming and Jumbo Loan Limits Arizona 2022
Home loan limits at first glance may seem a bit confusing, especially for those preparing to buy their first home. In Arizona, whether the property is located in Phoenix, Scottsdale, Tempe, Flagstaff the current conforming loan limit for 2022 is $647,200. For amounts larger than $647,200, these loans are referred …Read More
Pittsburgh Reduced Down Payment Jumbo Loans
Jumbo mortgage options have recently expanded in Pittsburgh – Allegheny County over the last few years. The new programs today include low down payment financing structures with only 10% and 5% down for approved home buyers. In addition, the programs are not limited to only Jumbo purchase transactions, but also include rate-term …Read More
Financing Luxury Homes in Tampa (Updated)
Tampa, Florida is located in Hillsborough County and was originally a United States Army outpost named Fort Brooke. In fact, the original settlement spot was located right where the convention center is today. Tampa also boasts three major sports franchises, the Tampa Bay Buccaneers, NHL’s Tampa Bay Lightning and the …Read More
5% Down Jumbo Loan California
The housing market in California is overall strong in 2021. The median home price recently increased by 0.5 to set another new record high to $818,260. The new median sales price of existing single-family homes is 39.1 percent higher than the $588,000 recorded last year when the CA real estate …Read More
Austin, Travis County Jumbo Loan Changes
Some new loan updates have recently come out for Austin home buyers that require Jumbo home financing. The new programs are allowing greater down payment flexibility, in some cases up to 95% financing. In this post we will look at all the latest changes and updates, homebuyers can learn more about …Read More
Oklahoma Jumbo Financing Options
Recent data regarding median home values in Oklahoma City show an affordable $164,200 in 20201. This is up 12% from last year. Throughout the greater metropolitan area, including Moore, Norman, Midwest City, and Edmond, the median value falls somewhat lower to $150,000. This is significantly higher compared to 10 years …Read More
5 Percent Down Jumbo Financing in Louisville
5 Percent Down Jumbo Financing in Louisville: Interest rates have been in or near historic lows for more than three years now and jumbo rates have followed suit along with their conforming cousins. This means borrowers financing a jumbo purchase in Louisville, Kentucky can leverage their purchases and holding onto …Read More
5% Down Payment Jumbo Virginia
Good news for homebuyers purchasing luxury properties around Richmond, Arlington, Virginia Beach, etc, that exceed the standard conventional and FHA loan limits. 5% down payment jumbo loans are once again available through select lenders and banks in Virginia. Qualified buyers can now finance up to 95% LTV for loan amounts up to …Read More