Sentences with phrase «get jumbo financing»
Not exact matches
Among the remaining ways to get financed are USDA loans for homes in non-urban city centers; and jumbo and private loans made by local and retail banks.
https://themortgagereports.com/
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.
The increase makes it possible for an estimated 150,000 homeowners to move from jumbo to conventional financing, enabling them to get a lower - cost mortgage, according to Freddie Mac.
«High - income households buying jumbo loans can still get financing today, although they have to pay more.