Buying a house is a significant achievement in anyone’s life. In some cases, the home of your dreams might come with a price tag that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac.When this happens, you’ll need to consider a jumbo loan. This article will guide […]
How do Jumbo and Super-conforming Loans differ?
If you’re considering the purchase of a home in one of the pricier US housing markets, you may need to apply for a special kind of mortgage loan, namely a “jumbo” or “super conforming” loan. It’s important to remember that the Federal Government sets limits or caps on the mortgage […]
Do You Need a Jumbo Loan in Ohio?
If you are shopping for a home in Ohio, the amount you need to borrow to finance your purchase will either fall above or below the conforming loan limits set by Fannie Mae and Freddie Mac. If you are borrowing under the conforming loan limit, you are eligible for a […]