• mortgagetips

    Thoughts, musings, and ruminations.

    The term "jumbo loan" refers to a wide variety of home equity loans, which are larger and more expensive than their smaller counterparts. In the United States, a jumbo loan is a large mortgage loan that can have high credit quality, however is still within an interest-only or negative...
    Loan programs for first time home buyers are intended to help the purchase of a new home affordably. Some of the benefits that you can enjoy are lower payments and no points or closing costs. The FHA offers loan programs for first-time home buyers that can help you achieve your goal of owning...
    What exactly is a jumbo loan? Is it different from other types of loans? Are they really worth considering for your next home purchase? These are definitely questions that prospective home buyers should ask themselves when considering any home loan, no matter how big or small. Here are some basic...