Recent News

• It’s harder to qualify for a “jumbo” loan because lenders generally can’t sell them in the secondary market and therefore must retain the risk.
• Consumers are likely to encounter stricter credit score requirements than they would have at the start of 2020, as well as a larger minimum down payment and higher cash reserves.
• In comparison to the market for so-called conforming loans, you might find more of an interest rate difference among various lenders, so it pays to shop around for the best terms.

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