Illinois Jumbo Loans Wisconsin Jumbo Mortgage Chicago Jumbo Loans
Posted by Dennis Hardy on Apr 18, 2008
Illinois jumbo loans and Wisconsin jumbo mortgage loans, also called non-conforming loans, are mortgages with loan amounts greater than the conforming loan limit. Jumbo loans are often securitized by institutions other than Fannie Mae or Freddie Mac. They traditionally were viewed as having slightly higher risk than the “conforming” loans of up to $417,000 that [...]Posted in Chicago Mortgage Programs, Illinois Mortgage Programs, Jumbo Loans, Madison Mortgage Programs, Milwaukee Mortgage Programs, Wisconsin Programs || No Comments »
Illinois Jumbo Loans Wisconsin Jumbo Mortgage Loans
Posted by Dennis Hardy on Mar 30, 2008
Illinois jumbo Loans and Wisconsin jumbo mortgage loans are mortgages with loan amounts which exceed the current Fannie Mae/Freddie Mac limit. They are often securitized by institutions other than Fannie Mae or Freddie Mac. They also tend to carry a higher interest rate than conforming loans. Jumbo loans are also known as non-conforming loans. Ameristar [...]Posted in Chicago Mortgage Programs, Illinois Mortgage Programs, Jumbo Loans, Madison Mortgage Programs, Milwaukee Mortgage Programs || No Comments »