denver home loans home loans in colorado co mortgage lender
new construction loans
refinance
land loans

Jumbo

Posted in: Jumbo Loans
By Taylor Mortgage Group

Jumbo Mortgages are determined by local county limits.    A Jumbo Mortgage is a mortgage with a loan amount above conventional loan limits determined by local counties. 

"Pro and Con" of a Jumbo MortgagePro:  Allows you to purchase property above conventional loan limits.  Con:   Payment of slightly higher interest rates will apply. Dollar amounts that define a Jumbo Mortgage are redetermined annually by the local counties.  A Jumbo mortgage is considered a non-conforming loan  because it exceeds the loan limits set by Fannie Mae and Freddie Mac. Single-family limit benchmarks change annually. If your borrowing needs exceed the Fannie Mae or Freddie Mac limit amount, you will need a Jumbo mortgage.

For more information about Jumbo mortgages or any other financing questions you may have, please contact the Taylor Mortgage Group today at 303-339-5950 or Janie Taylor directly at 303-884-9393!
   

reverse mortgages

Taylor Mortgage Group, LLC

Phone
303-884-9393
Fax
 
720-306-3813

Click Here to Email Us


CO  License:  100013875
NMLS: 385946
Regulated by the Colorado Dept. of Regulatory Agency



Click for the BBB Business Review of this Mortgage Brokers in Elizabeth CO

real estate web design - realtor websites by imcd
copyright © 2022, all rights reserved
mortgage company
 
Prequalify Now           Loan Programs           Apply Online            Colorado Loans            Blog            Resources           About Us           Contact Us           Home
 
hard money
home Contact us about CO Mortgages