Find out more about Jumbo loans in San Diego by calling (858) 999-3737
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San Diego, California (PRWEB) April 22, 2015
Finding the best jumbo loan product for a purchase or refinance can be challenging. Kevin Leonard and his team explain some of the jumbo loans in San Diego that are available for consumers and what the qualifications are on a new blog post. The first item to note is the increase of $ 16,100 in the loan amount for the maximum conforming loan limits for Fannie Mae and Freddie Mac. The new increase raises the amount to $ 562,350 in 2015, up from $ 546,250 in 2014. It is also worth mentioning that the 2015 high cost area loan limits have increased for 46 counties due to a high-cost area adjustment or the county being newly assigned to a high-cost area. The other counties in California that were increased were Monterey County and Napa County. The group works mostly with San Diego real estate agents with assisting financing for new purchases. Because some of the loan amounts in area are over the conforming loan limits in San Diego, the team keeps up-to-date Jumbo home loan products that are available. To find out about VA jumbo loan San Diego lenders call, (858) 999-3737.
Some of the new Jumbo loans in San Diego offer up to 95% loan-to-value (LTV) and loan amounts up to 3 million, many homebuyers can purchase luxury real estate in San Diego. The team also has access to Super Jumbo Loans in San Diego, with loans amounts above 3 million. Although the mortgage group offers these jumbo loan products, the bulk of the business is still home loans that fit into FHA and conventional loan amounts. Also, because of the heavy military presence in San Diego VA purchases and VA IRRRL’s (Interest Rate Reduction Loans) are very common. San Diego has real estate buyers looking to buy homes from hundreds of thousands to tens of millions, and the team works with Realtors to provide financing. To find out more about jumbo loans or jumbo loan rates in San Diego call the office and speak with a jumbo loans specialist, or click here, http://www.kevinleonardmortgageexpert.com/jumbo-loans/
Kevin Leonard is a mortgage professional who began in the mortgage business in 1997 and since then he has become one of the leading mortgage experts in the country, and has earned national acclaim for his efforts. Mr. Leonard prides himself in offering constant communication with his clients so that they have a full understanding of the loan process from start to finish. He is personally responsible for thousands of fundings, and along with his team, he has over 5 billion in residential loans funded to his credit. Mr. Leonard has a complete understating of the loan process from start to finish, and also consults with a long list of mortgage bankers in the secondary market. There are few, if any, that have the experience that Kevin Leonard has in the mortgage industry. He was one of the first to register with NMLS in 2008 when it was first instituted, and currently is licensed in the state of California as a loan originator. San Diego real estate agents work with him and his team because they have the ability to offer fast pre-approvals with the ability to fund purchase loans quickly. To learn more about which Jumbo loan rates San Diego County brokers or lenders are offering, start by clicking on the highlighted link.
Phone: (858) 999-3737