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Jumbo Mortgage Loans

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Jumbo mortgage loans are the right borrowing solution for certain types of home buyers. Jumbo mortgage loans are those whose amounts are more than the Fannie Mae and Freddie Mac limits. People who want to finance very luxurious homes or extremely large properties--basically, any property with a high price tag--need to locate and qualify for jumbo mortgage loans.

These loans differ from regular, lower amount loans in one significant way. Because they are given out more rarely, and because they can be perceived as a higher risk, their interest rates can be higher. However, if you want to and can make the investment of a large and luxurious property, then you probably don't want to let this stop you. A sound real estate investment can really be an excellent financial step.

The trick is to find the best jumbo mortgage loans possible, in order to offset any fees or high rates. To do this, you'll need to search among the lenders who offer these types of loans. They can be hard to locate, unless you have an experienced broker on your side. Here at First Union Home Loans, our brokers are seasoned professionals with years of expertise in securing jumbo loans for our clients--contact us and find out how we can help you!


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