Jumbo

20 Tips for First Time Home Buyers in 2020

Buying a home is such a huge task, but thankfully, there are numerous tricks that you can use to make sure that you survive the entire process. Whether you have no clue about how to get a mortgage, how to look for the house of your dreams, or even how to find a real estate agent, there are tips that will have you looking like a pro in no time at all!

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Jumbo Mortgage

Are you looking to increase the size of your home, so you and your family have more space and maybe more land? If you are, you may want to consider what is called a jumbo mortgage. What is a Jumbo Mortgage? A jumbo mortgage is a loan that is for an amount that is higher than $484,350. These loans have a few requirements that are stricter than regular loans. However, you no longer need to make a twenty percent down payment to qualify for one.

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