(408) 257-1681 irene@loansbyirene.com
  • Facebook
  • Twitter
  • Google
  • RSS
  • Facebook
  • Twitter
  • Google
  • RSS
Loans by Irene|Granite Financial|Mortgage Loans|San Jose CA
  • Home
  • Services
  • About
  • FAQs
  • Resources
  • Terminology
  • Contact
  • Testimonials
  • Blog
Select Page

Jumbo Loan with 10% Down Payment Options

by Irene Moustakas | Nov 4, 2015 | Featured, Loan Programs and Products

More Jumbo loan options with less than 20% down payment are becoming available. When our housing bubble burst and we got hit with the credit crunch in 2008, it was hard to find a competitive Jumbo loan, and nearly impossible to find one with less than 20% down. This...

Family Opportunity Mortgage: Helping Your Elderly Parents or Disabled Adult Child Purchase a Home

by Irene Moustakas | Jun 23, 2014 | Featured, Loan Programs and Products

This post was updated on 4/24/15 to reflect updated information. Not many people know about this Fannie Mae mortgage program, so please keep it in mind as an opportunity.  Fannie Mae’s Family Opportunity Mortgage helps families buy or refinance a home for elderly...

Fixed Rate Mortgage Term Options

by Irene Moustakas | Apr 17, 2014 | Featured, Loan Programs and Products

The 30 Year Fixed loan program is the most common program chosen by homeowners. It provides fixed, secure payments at the same interest rate and mortgage payment for the life of the loan (30 years).  But there are other options for fixed rate term mortgages that not...

Jumbo Loan with 10% Down Payment?

by Irene Moustakas | Feb 23, 2014 | Featured, Industry News, Loan Programs and Products

Back in the day, we only had a conforming loan limit (currently $417k), and any loan amount above that was considered Jumbo. Now we have three levels of loan limits and down payment requirements for Conventional loans. (FHA will allow 3.5% down payment up to a...

You Have Options in Mortgage Insurance

by Irene Moustakas | Feb 12, 2014 | Featured, Loan Programs and Products

Mortgage Insurance is one of those necessary evils in purchasing a home with less than 20% down payment. The purpose of Mortgage Insurance is to protect the lender against the possibility of default. Yes, this is something you pay but does not have any real benefit to...

Advantages and Disadvantages to Interest-Only Loans

by Irene Moustakas | Nov 21, 2013 | Featured, Loan Programs and Products

The new “Qualified Mortgage” Rule will be taking place in January 2014, which will result in the discontinuation of Interest-Only loans.  There may be a small handful of portfolio lenders that will continue to offer interest-only loans, but for the most part, they...
« Older Entries
Next Entries »

Search Site Here

Loan Calculator

Try for free!

Free eBook

Subscribe to Irene’s Blog

Enter your email address to subscribe:

Reviews on Yelp

Reviews on Google+

Loans by Irene Google+ Reviews

Recent Posts

  • “Can I Use My Cryptocurrency Funds for Down Payment, Closing Costs, or Reserves?”

Recent Comments

  • Irene Moustakas on Family Opportunity Mortgage: Helping Your Elderly Parents or Disabled Adult Child Purchase a Home

Follow on Twitter

My Tweets

Like on Facebook

  • Home
  • Services
  • About
  • FAQs
  • Resources
  • Terminology
  • Contact
  • Testimonials
  • Blog
  • Facebook
  • Twitter
  • Google
  • RSS

Design & SEO by: KM Guru, LLC

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.