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Jumbo Loans for Arizona Real Estate in 2012:
As we’ve entered 2012, there are so many applying borrowers dealing with all the loopholes of obtaining a loan on real estate. Borrowers are limited in getting a loan on real estate due to low FICA credit scores, recent short sales, bankruptcies, or just the a lack of income they receive. These are all common. Not only that, a loan limit is key factor in the process, as the loan limit on a regular conventional loan is $417,000. Why? The answer is that two government sponsored mortgage entities of Fannie Mae and Freddie Mac set the limit each year for what the “regular” loan limits are.
The truth of the matter is, some loan applicants who have excellent credit scores, and at least a 6-figure income begin to think: “Ok, I want to buy a luxury home and get a loan that’s at least $625,000. Is it possible to do that?” The answer is “yes”. You can get a jumbo loan!
What is a Jumbo Loan?
A jumbo loan is any loan that’s over the conventional limit ($417,000), which is non-conforming because the loan amount is higher than its conforming loan limit.
If you are looking for luxury real estate and need a loan, I have a connection for you to get a jumbo loan! My connection will offer you to get a loan up to $625,000 on a 90% loan-to-value, a loan up to $1,000,000 on a 80% loan-to-value, and loan up to $2,000,000 on a 70% loan-to-value.
Jumbo Loans for Scottsdale, Fountain Hills, and Paradise Valley Real Estate
Tough the inventory is getting lower here in the Phoenix Metro, there are plenty of real estate to choose from throughout Paradise Valley, Fountain Hills, and Scottsdale (DC Ranch, Silverleaf, McDowell Mountain, Scottsdale Ranch), of which you could qualify for by getting a jumbo loan!
If you are looking for a loan up to $625,000 on real estate, including Paradise Valley, Fountain Hills, and Scottsdale (DC Ranch, Silverleaf, McDowell Mountain, Scottsdale Ranch), here are a few properties you could buy for this loan.
Jumbo Loans up to $625K – Scottsdale Real Estate For Sale:
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Jumbo Loans up to $625K – Paradise Valley Real Estate For Sale:
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Jumbo Loans up $625K – Fountain Hills Real Estate For Sale:
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If you are looking for a loan up to $1,000,000 on real estate, including Paradise Valley, Fountain Hills, and Scottsdale (DC Ranch, Silverleaf, McDowell Mountain, Scottsdale Ranch), here are a few properties you could buy for this loan.
Jumbo Loans up to $1M – Scottsdale Real Estate For Sale:
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Jumbo Loans up to $1M – Paradise Valley Real Estate For Sale:
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Jumbo Loans up to $1M – Fountain Hills Real Estate For Sale:
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If you are looking for a loan up to $2,000,000 on real estate, including Paradise Valley, Fountain Hills, and Scottsdale (DC Ranch, Silverleaf, McDowell Mountain, Scottsdale Ranch), here are a few properties you could buy for this loan.
Jumbo Loans up to 2M – Scottsdale Real Estate For Sale:
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Jumbo Loans up to 2M – Paradise Valley Real Estate For Sale:
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Jumbo Loans up to 2M – Fountain Hills Real Estate For Sale:
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Yes, you can get jumbo loans for these luxury properties! To learn more of getting a loan on real estate in Scottsdale, Paradise Valley, and anywhere valley wide, please contact me and I will guide you through the process and send you to a jumbo loan expert!
For more information, please contact me and let me know what you are looking for:
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