Tag - conformingloanlimits

Go Big AND Go Home: Jumbo Loans are Back

High Cost conforming and jumbo home loans are back. Homeowners wanting to buy homes over $453,100 now have more options. Find this image on blog.phmc.com

Up until recently, home buyers looking to buy a home in more expensive areas were left in limbo. Here’s why: Lenders had tightened the requirements on jumbo loan options making it hard to qualify for, or they did not offer them at all.  Other loan options (conforming and/or government) were also not ideal for their needs even if they...

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