Sentences with phrase «because jumbo»

Because jumbo loans are bought and sold on a much smaller scale, they often have a slightly higher interest rate than conforming loans, but the spread between the two varies with the economy.

That's because jumbo loans carry more credit risk for the lender, due to their lack of a Fannie Mae or Freddie Mac guarantee, as mentioned above.

It makes sense because jumbo loans have higher interest rates, so you're essentially «getting a better rate on the first mortgage,» Schachter says.

Because jumbo loans are bought and sold on a much smaller scale, they often have a little higher interest rate than conforming, but the spread between the two varies with the economy.

However, because jumbo loans are not government - backed, eligibility requirements are often more stringent.

That is because the Jumbo market is essentially a private market for mortgages, as opposed to conventional loans, which are backed by Fannie Mae and Freddie Mac.

Because jumbo mortgage lending had dried up — an effect of the housing market's downturn — mortgage loans were mostly out - of - reach in cities where homes were «expensive».

That's because jumbo and super-jumbo home loans are less easy for lenders to sell.

That's because jumbo and super-jumbo home loans are less easy for lenders to sell.

However, because jumbo loans are not government - backed, eligibility requirements are often more stringent.

Robert wrote: «The market is assessing a 1 % risk premium right now because jumbos have begun turning sour.

Not exact matches

That might not seem very fair, but jumbo loans usually seem less risky to lenders because the people who apply for them are considered more likely to make their mortgage payments on time each month.

Jumbo loans are viewed as being risky for the lender because government mortgage finance groups Fannie Mae and Freddie Mac won't buy jumbo lJumbo loans are viewed as being risky for the lender because government mortgage finance groups Fannie Mae and Freddie Mac won't buy jumbo ljumbo loans.

Mortgage lenders commonly impose higher standards for borrowers who are seeking a jumbo loan, simply because there's more money involved.

Jumbo loans are excluded from the survey because by definition, jumbo loans exceed the national conforming loan limit of $ 424,100; or, $ 636,150 in such «high - cost» areas as Los Angeles, California and Montgomery County, MaryJumbo loans are excluded from the survey because by definition, jumbo loans exceed the national conforming loan limit of $ 424,100; or, $ 636,150 in such «high - cost» areas as Los Angeles, California and Montgomery County, Maryjumbo loans exceed the national conforming loan limit of $ 424,100; or, $ 636,150 in such «high - cost» areas as Los Angeles, California and Montgomery County, Maryland.

In general, it's more difficult to get approved for a jumbo loan as compared to a loan backed by the FHFA because of additional credit score requirements and more stringent income calculations.

Jumbo loans are riskier for lenders because more money is at stake, as such they come with higher interest rates.

Because of that, there are fewer «jumbo loan» mortgages in Alabama.

It is simply inappropriate to be delaying the people from conucting their business because you want to say your mumbo jumbo.

Because as much as Christians think they have a grasp on the Hebrew books and law (Torah)-- they don't and much of what we hear in churches on many issues is complete mumbo jumbo.

Actually, I don't appreciate you saying I hate simply because I disagree with you and your religious mumbo jumbo thank you very much.

I used jumbo eggs because that's what I had on hand.

When you see our in shell jumbo raw peanuts for the first time, we guarantee you'll do a double take because they're the largest that you'll ever see.

Making this recipe as we speak, and I think my «jumbo shells» are smaller because I was only able to get about 2 heaping teaspoons of mixture into each shell, so I ended up filling up about 37 shells haha!

I use a mixture of jumbo raisins and dried cherries in this broccoli salad because I love the tart tangy flavor that the cherries give.

And the inclusion of a trial pack of jumbo dates was very nice - and smart, because they were yummy.

For this truffle recipe, I used jumbo Medjool dates as the main ingredient, because they are one of the sweetest and most luscious varieties of dates.

Our Registered Dietitian and Health Nut likes jumbo Medjool dates (nickname: king of dates) because they are large and naturally sweet with no added sugar.

I'd recommend getting the jumbo size if there are four or more of you because then you also get a good amount of the fried chicken, chicken curry and satay chicken with the delicious sweet and spicy nasi lemak sambal on the side that goes well with the half boiled egg.

Senator Heffernan then jumped in and remarked that he had had enough of the ACCC because they «talk a whole lot of mumbo jumbo» [E58] and they must be wrong because there is no doubt the prices are too low.

When looking at the jumbo package, other teams for years have burned the Chargers by a play action dive with a pass in the flat to a tight end who has blocked down and then released into the flat, uncovered, because everyone is biting on the run.

Its all mumbo jumbo because he believes fans are not worth talking to.

Flights to Europe tend to involve the larger jumbo jets, and that is where the big money is — not only because more seats can be sold, but those overnight European flights can also be extraordinarily costly to consumers.

And just because the detail is mostly legalese mumbo - jumbo, no - one seems to get what's about to happen.

We're better off with a duopoly, and in fact we get duopoly precisely because vigorous competition between the jumbo jet giants keeps everyone else out.»

I looked each video (very well made) and also realize they use broader simpler but still concise enough terminology, that»S really great to increase reach and be more «approachable» because sometimes regular everyday people on the street don't know all or have heard the mumbo jumbo jargon in biogerontology (they will think you are a pompous alien nerd - stuck up who thinks he knows more because he was like a lab rat in his lab books studying aging; on top of that they will more Resentful towards you for Daring to Question their Life beliefs on Life and Death by your» 2 - cents worth knowledge (couldn't give a f...)»

Juice fasting doesn't make it apparent that calorie restriction is responsible for the weight loss, it's supposed to be some magic mumbo jumbo and I hate that because it causes yo - yo dieting due to the client having no clue why they're losing weight, other than some misinformed idea that they are «detoxing.»

It's not your fault if you can't decide between the medium and the jumbo because they both look very much alike.

Because the lines on the dress are thin, I added a scarf with jumbo stripes in complimentary colors to accent the orange and navy striped dress.

Non-Conforming Jumbo Mortgages carry higher interest rates because they are above the established Fannie Mae and Freddie Mac maximum loan limits.

Now this bailout comes along and props up the mid price range properties because more people can afford them again, and it bails out all the speculators from high interest jumbo loans.

The conventional loan limit is important because if you get a loan below the limit you have conforming financing — above the limit you have a «jumbo» loan and a somewhat higher interest rate.

In general, it's more difficult to get approved for a jumbo loan as compared to a loan backed by the FHFA because of additional credit score requirements and more stringent income calculations.

Could a borrower who doesn't qualify under HARP because the original loan was a jumbo (not Fannie or Freddie, he's sure) refinance under FHA?

Jumbo and super jumbo loans can not be found at most banks, borrowers often times look to the internet for lenders, because it gives them the ability to find a wider variety and more competitive rJumbo and super jumbo loans can not be found at most banks, borrowers often times look to the internet for lenders, because it gives them the ability to find a wider variety and more competitive rjumbo loans can not be found at most banks, borrowers often times look to the internet for lenders, because it gives them the ability to find a wider variety and more competitive rates.

If that happens to a jumbo loan borrower (who has at least $ 417,000 invested in the home, because that is where conforming loan limits end and jumbo loan limits start), then having a larger portion of the mortgage paid off can reduce his risk of getting himself into that negative equity situation.

They are referred to as «jumbo» loans because they exceed the conforming limit (or max loan amount) that Fannie Mae and Freddie Mac will buy.

In recent years, jumbo loan mortgage rates have actually been running a bit lower than conforming mortgage rates, because the borrowers are seen as more financially secure.

Mortgages purchased by the GSEs are generally less expensive than the larger jumbo loans because the government absorbs the cost of default.

Because Conforming - JUMBO rates vary by zip code, you will need to contact the lender directly to obtain an accurate rate for which you qualify.