The jumbo loan and super jumbo loan market have changed. Many lenders have left the market. However, I have access to lenders that are offering attractive rates and terms.
Currently, stated income jumbo loans are difficult to find. I have access to five lenders that are offering stated income jumbo loans.
If you need help obtaining a jumbo loan up to $1 million dollars, or a super jumbo loan over $1 million dollars, please contact me.
Is it better to live closer to work and have a higher mortgage payment, or does it make more sense to buy a home farther away where homes may cost less, but you have to pay more for commuting expenses. Use this calculator to help you determine your costs of commuting.
You can find great local Burlingame, California real estate information on Localism.com Phil Caulfield is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
Most homeowners want to get their house paid off as quickly as possible. It’s in our American psyche. Not having to make a large payment, and not having to worry about losing your house because you don’t have a loan are huge emotional benefits.
I understand these emotional benefits. However, I think many people make the mistake of isolating the payoff of the mortgage as the “high and mighty” goal while downplaying other important financial objectives, not to mention the tax ramifications of paying down the mortgage.
Here is when a 15 year loan does not make sense: more