Jumbo Loan Rates, 3/7/11
A Jumbo loan is any loan amount that exceeds the high-balance loan limit set per county. High-balance loan limits for your city in California can be found here: California City High-Balance Loan Limits with a current absolute maximum of $729,750.00. If you exceed this...What is Title Insurance and Why Do I Need It?
Title insurance is one of the more expensive items you pay for in a purchase and/or refinance transaction. The title company performs a detailed and comprehensive search to determine if any person or entity may have an interest in the property. The title insurance...3% Down Payment, Conventional Loan Available
I’m actually pretty shocked that down payment requirements have loosened and not tightened. What do you think this means for the housing industry and the lending landscape? Do you think it’s prudent? The highlights of this 3% down payment, conventional loan option...Increase to Annual Mortgage Insurance Premiums on FHA Loans
The U.S. Department of Housing and Urban Development just released a new statement that FHA’s annual mortgage insurance premiums (MIP) are going to increase by .25% across the board. The change will be effective for FHA case numbers issued on and after April...Loan Calculator
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