Sooner or later, everyone who lives in a home for any length of time wants to do some remodeling. Financing that remodel doesn’t have to be a headache-inducing experience. “There are some options that protect you against a new, higher interest rate, and the stresses of refinancing or trying to...
Month: February 2022
Paso Robles mortgage lender answers the question, ‘What is a jumbo loan?’
A jumbo loan, or jumbo mortgage, is a type of financing for properties that exceed the value set by the Federal Housing Agency (FHA). For 2022, the value limit for a conforming loan was set at $647,200 or less for most of the country, but, depending on property values in...