Jumbo Loans: If you’re looking to buy a property priced above the conforming loan limit, then jumbo loans are for you. Jumbo loans are handy when purchasing property in high-value markets. It would be best if you had a minimum credit score between 600 and 700. FHA Loans: FHA loans ar...
December 21, 2017 Bayview Loan Servicing Loses Foreclosure Case December 20, 2017 Existing-Home Sales Soar 5.6 Percent in November to Strongest Pace in Over a Decade December 12, 2017 Looking Back at Loan Modifications Success December 11, 2017 Fannie & Freddie Conforming Loan Limits Raised Up to...
Do you understand the difference between conforming and jumbo loans? Let the best mortgage lenders at UMAX Mortgage help you navigate the world of financing in California today!
Jumbo LOAN Jumbo loans are also considered non-conforming loans because they exceed the conforming loan limit. Some counties may vary in conforming loan limits, so our experienced advisors will help you decide if your loan amount fits into the limits, or if a Jumbo loan is the right option ...