ShareWhen discussing the state of the jumbo mortgage the phrase comes to mind, “Progress not perfection.” Along those lines there has been a lot of progress in the jumbo mortgage market though it’s not perfect, it is a lot better …
Tag Archives: jumbo mortgage
Jumbo Mortgage Update
Posted 81 days ago by Posted in Mortgages, News Tagged Jumbo Home Loan, jumbo mortgage, Mortgage, super-jumbo loans No Comments
Houston, TX Mortgage Update
Posted 169 days ago byShareWhat a year it has been for the real estate and mortgage industry both nationwide and locally here in Houston, TX. While mortgage rates are pretty much for the most part set nationally, real estate prices are definitely tied to …
Posted in Mortgages Tagged jumbo mortgage, Mortgage, mortgage rates, super-jumbo mortgages No Comments
Home-Improvement Mortgages
Posted 225 days ago byShareIt looks like with the state of the economy many people today are opting to remodel or renovate their existing home rather than put it on the market and buy a new one. According to BuildFax via Linkedin remodeling has …
Posted in Mortgages Tagged Home-Improvement Mortgages, jumbo mortgage, remodel, rennovations, renovate, renovations No Comments
IRS Tax Tips for Homeowners
Posted 276 days ago byShareNot only do you have to report your mortgage interest to the IRS to get your mortgage interest deduction on your home, but there are several items to consider tax-wise when selling your home or any property. The Internal Revenue …
Non-Recourse Commercial Mortgages
Posted 333 days ago byShareMany commercial borrowers are asking why lenders are requiring loans with recourse and personal guarantees attached to all commercial mortgages currently. The answer lies in the 2008 meltdown ofthe financial industry lending markets. Prior to this meltdown, securitization of commercial …
Posted in Mortgages, News Tagged cmbs, commercial mortgages, jumbo mortgage, non-recourse No Comments
Qualifying For a Jumbo-Mortgage
Posted 359 days ago byShareJumbo Mortgages all but disappeared from the market it seems since the financialand mortgage-market meltdown of 2008. Though more recently more and more lenders and banks that offer mortgages are moving back into the jumbo-mortgage arena, albeit has been a …
Mortgage Rates – Jumbo Loans
Posted 373 days ago byShareMortgage rates are very near all-time lows in the history of the mortgage market when it comes to conforming/conventional mortgages. Even though mortgage rates are very low consumers wonder why jumbo mortgage rates while still very low as well are …
Posted in Mortgages Tagged conforming mortgage rates, Fannie-Mae, Freddie-Mac, Houston, jumbo mortgage, jumbo mortgage rates, Mortgage, mortgage rates, super-jumbo mortgages, TX No Comments
Interest-Only Jumbo Loans
Posted 379 days ago byShareWhy do intererst-only jumbo loans make sense in today’s mortgage market? There are many reasons to use the interest-only feature on a jumbo loan, but first let’s look at the characteristics of the jumbo loan borrower. The jumbo loan borrower has …
Posted in Mortgages, News Tagged interest-only jumbo loans, Jumbo Home Loan, jumbo mortgage, mortgage credit conditions, self-employed No Comments
Mortgage Rules Ever Changing Part 2
Posted 380 days ago byShareIn this second part of “Mortgage Rules – Ever Changing” I’ll address how the government adds costs to the mortgage and time to get the mortgage for the consumer. The mortgage market is not just regulated by one government agency as it …
Posted in Mortgages, Uncategorized Tagged Fannie-Mae, Freddie-Mac, jumbo mortgage, Mortgage, super-jumbo mortgages No Comments
Mortgage Rules – Ever Changing
Posted 381 days ago byShareIt seems that mortgage underwriting guidelines change as often as the weather in Houston, Texas and that’s a lot. Why the constant change in mortgage underwriting for conforming mortgages, jumbo mortgages, and super jumbo mortgages? Two reasons, risk management and …
Posted in Mortgages Tagged Credit Markets, Fannie-Mae, Freddie-Mac, Jumbo Home Loan, jumbo mortgage, Mortgage, super-jumbo loans, super-jumbo mortgages No Comments