Friday, June 26, 2009

Great News For The Jumbo Loan Market

As you are probably aware, the secondary market for jumbo loans has for the most part dried up. The loss of this market has reduced the number of jumbo mortgage lenders who are able to provide loans in this space.


According to Bloomberg Business News, lenders are starting to come back to the jumbo and super jumbo loan market. This article describes how some of the major banks are starting to dip their toes in the water, after being absent for well over one year.


For homeowners and homebuyers in California, especially in San Francisco and San Mateo Counties, this is great news! Not to mention for mortgage brokers like myself, who have not been able to offer a wide variety of jumbo mortgage and super jumbo mortgage products for a long time


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Posted by Unknown at 11:08 AM
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10 comments:

  1. AnonymousJune 25, 2010 at 2:08 PM

    Nice post. There are really a lot of advantages that you could get from this offer. If you are still not satisfied on what the Jumbo Loan Refinance program offers, there are also a lot of competitive offers out there. Contact your mortgage company for more information.
    Jumbo Loan Refinance

    ReplyDelete
  2. umairJune 26, 2010 at 4:13 AM

    This post is really nice. Few months

    back I applied for an unsecured loan on

    a website and they provided that loan

    to me shortly with a lower rate of

    interest. They have an special offer

    for bad credit people. They provide

    loan for bad credit people

    also.

    ReplyDelete
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    I am considering a mortgage loan with nova star financial what do you all know about the company good or bad?

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  6. AndrewSeptember 12, 2011 at 2:58 AM

    This type of loan, is of great help in may ways. Its really good that this loan service is back in market again.

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  9. UnknownFebruary 2, 2013 at 9:23 PM

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    ReplyDelete
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