Types of Loans - Jumbo
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Jumbo Loans |
When a loan is larger than the limits
set by the Federal National Mortgage Association (FNMA) and the
Federal Home Loan Mortgaqge Corporation (FHLMC) it is called a
Jumbo Loan. The current limit is more than $333,700.00
Here is an area of strength for Corridor Mortgage Group. We offer
a wide variety of products that allow you to make informed choices
when it comes to financing a large investment.
Corridor Mortgage Group offers aggressive pricing on Jumbo loans
combined with high loan-to-valu guidelines as well. 95% to $650,000.00
for starters and 80% to $2,000,000.00.
Here are a few of the programs available
under our Jumbo Product line:
- 30 year fixed
- 15 year fixed
- 20 year fixed
- 7/1, 5/1, 3/1, 1/1 ARMS
- 80/15/5 No Mortgage Insurance
- 80/10/10 No Mortgage Insurance
- 95% Rate/Term Refinance
- 90% Cash Out Refinance
- 100% financing
- Interest Only
To find out more about jumbo loans, or to see if a jumbo loan
is right for you, Contact Us.
To find out about other types of loans, Go
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©Copyright 2004-2005 Corridor Mortgage Group - Lois
Sigethy & Laura Schmucker
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