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Learn more about Minnesota Jumbo loans from Home Point Financial, helping first time and seasoned homeowners in Minnesota find financing for many years.
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What are Jumbo Loans? | Zillow – Mortgage Learning Center – Loans greater than these limits are usually called jumbo mortgages, but can also be called non-conforming mortgages. Questions about jumbo loans? Find a local lender who can help . When Should I Use a Jumbo Mortgage? You’d use a jumbo mortgage when you’re seeking a loan amount that’s greater than the conforming loan limit in your area.
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Are there stated income loans available for jumbo loans and super jumbo loans? Yes, there are stated income jumbo loans, as well as stated income super jumbo loans. These programs are available to purchase a home, or to refinance an existing mortgage. The maximum loan amount available is $5,000,000. What is the typical down payment required?
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Loan Programs | Homebridge Financial Services – Jumbo and Super Jumbo loan programs are also considered conventional loans, but offer financing for loan amounts that are greater than the standard limits.