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BIRMINGHAM, Mich., Dec. 6, 2011 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced today that it has a unique jumbo product with loan amounts up to $2.5 million and ...

United Wholesale Mortgage Rolls Out Jumbo Loan Product up to $2.5 Million

... are for loans of up to $417,500 with the borrowers paying about 0.75% of the loan amount in lender fees and points. The typical mortgage rate for larger "jumbo" loans was running about a third of a percentage point higher, according to ...

With mortgages at 4%, demand for home-purchase loans rises

I'm aware of the Fannie and Freddie refinancing programs, but they don't apply to our current loan, which is a jumbo loan. If not, what are the rules around hardship claims to use funds from my individual retirement account to bring my loan out ...

Underwater? Weigh These Refinancing Options

Down payments are a big part of that, as most mortgage market experts will say you can't get those great low rates today without putting down at least 20 percent, and more if you need a jumbo loan. That's why a new report from LendingTree listing the ...

What Are Buyers Really Putting Down for a Mortgage?

Even so, jumbo loans made up 29.7% of lending for purchases, an increase from the previous month of 1.8%. Distressed property sales were up for the month, with foreclosure sales up 26.5% and short sales up 21.3%. For more on this continue reading the ...

Home Sales Up in Bay Area

Jeff McGinnis, a loan officer for Wallick & Volk has a new website designed to be a guide to the confusing world of mortgage banking. Jeff is a conventional, FHA, VA, USDA, and Jumbo mortgage loan specialist. On his site, he has resources for people ...

Wallick & Volk Loan Officer Launches New Bellevue Seattle, WA

Can you get a loan modification on a jumbo mortgage? The answer is yes, but there are some significant differences from getting a mortgage modification on a conventional loan. Some people may think they can't get a loan modification on a jumbo ...

Getting a Jumbo Mortgage Modification

... extensive experience working with Tenants in Common loans for multiple units. Drawdy specializes in reverse mortgages, jumbo loans, investment property loans, FHA loans and HomePath mortgages. She serves borrowers throughout the State of California.

California Mortgage Advisor Sue Drawdy Highlights FHA’s Extension of HECM Loan Limits

Banks and other lenders often beat credit unions on fixed-rate mortgages for both conforming and jumbo loans, but credit unions consistently offer better rates for adjustable-rate mortgages (ARMs) and home equity loans, according to data from ...

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