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Jumbo Loans

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Jumbo Loan Closing Costs: Budgeting for Expenses

Jumbo Loan Closing Costs: Budgeting for Expenses

(Updated 11/29/24) Jumbo loans, designed for financing properties above conforming loan limits, often come with higher price tags, and that includes their closing costs. Preparing for these expenses is essential to ensure a smooth and stress-free homebuying...

Refinancing a Jumbo Loan: Strategies to Save Money

Refinancing a Jumbo Loan: Strategies to Save Money

(Updated 11/29/24) Jumbo loans, often used to finance luxury or high-value properties, typically come with higher interest rates compared to conventional mortgages. However, with strategic planning and refinancing, you can significantly reduce these costs. Here’s a...

Jumbo Loan vs. Getting a First and Second Mortgage

Jumbo Loan vs. Getting a First and Second Mortgage

(Updated 1/2/25) Welcome to the sometimes thrilling, often bewildering world of mortgages! If you're debating between a jumbo loan and a first-and-second mortgage combo, you've landed in the right place. Imagine it as deciding between a sleek, high-speed train and a...

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