A jumbo loan is also known as the jumbo mortgage. In this loan, you get a mortgage that is more than the limit set by the Federal Housing Finance Agency (FHFA). Unlike the standard mortgages, this loan is not guaranteed by Freddie Mac or Fannie Mae. It is suited and designed for those individuals who want to purchase a...
Home loans are one of the biggest expenses in life. The house is a big investment, which you have to live in for the rest of your life, so it makes sense that you want to keep the house as long as you possibly can. With all of this in mind, the homeowner does not want to be saddled...
With the current economic environment, home loans have been an increasingly popular form of financial investment. Home ownership is an excellent form of investment and if you choose to own a home, you should expect to receive a substantial amount of interest on your home mortgage payments. The current economic situation has made many people fearful...