The Current Status of Jumbo Loans

The Current Status of Jumbo Loans

The Current Status of Jumbo LoansBy: Hunter Lending Team
Published on: 27/08/2024

Are you thinking about purchasing a house that costs more than $400,000? Unless you are planning to make a significant cash down payment on your new home, it is likely that you will need to apply for a jumbo loan. A jumbo loan is simply a home loan for property in the continental United States that exceeds $417,000, whether the funds are used to purchase a new home or to refinance an existing mortgage.

Mortgage Blogs
Top Ways to Benefit from the Current Mortgage Crisis

Top Ways to Benefit from the Current Mortgage Crisis

Top Ways to Benefit from the Current Mortgage CrisisBy: Hunter Lending Team
Published on: 27/08/2024

The current mortgage crisis might be a nightmare for the people who are directly involved in it. However, with a little bit of smart planning and a lot of hard work you can benefit from this mortgage crisis and come through the other end with flying colors.

Mortgage Blogs
The Pros and Cons of a Bi-Weekly Mortgage

The Pros and Cons of a Bi-Weekly Mortgage

The Pros and Cons of a Bi-Weekly MortgageBy: Hunter Lending Team
Published on: 23/08/2024

Having a mortgage can be expensive; with the interest that is charged over the life of your mortgage, a large portion of what you end up paying is nothing more than interest payments and not the loan itself

Mortgage Blogs
The Pros and Cons of Adjustable Rate Mortgage

The Pros and Cons of Adjustable Rate Mortgage

The Pros and Cons of Adjustable Rate MortgageBy: Hunter Lending Team
Published on: 23/08/2024

An adjustable rate mortgage, commonly referred to as an ARM, is a mortgage where the interest rate on the mortgage changes periodically, on a schedule, according to an index.

Mortgage Blogs