There has been much said and written about the mortgage industry tightening their belts and making home finance more difficult.
While there is some truth to that, the California real estate market has made a tremendous rebound and the demand and construction of luxury homes is back in full swing.
Jumbo loans, because of the larger sums involved, usually require a higher credit score and a larger down payment than a standard conforming loan. In addition, since they are above the conforming limit they tend to adhere to stricter guidelines and slightly higher interest rates.
It’s never good to think about aspirations in terms of “limits.” We can make acquiring a jumbo mortgage as convenient and smooth as any standard conforming loan.
Contact a Premier Funding Network broker at 714 283-9900 and let’s discuss the many options available to borrowers seeking a jumbo loan.
Together, we can open up a new vista in life’s unique journey.