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 The size of you loan will determine whether your loan is considered a conforming or a jumbo loan. On single family homes, current conforming loans are those which are $322,700 or less. Jumbo loans are those between $322,700 and $650,000 however some programs allow jumbo rates to go up to $1,000,000. Loans greater than $650,000 are known as Super Jumbo loans. Generally speaking, the more money that you borrow, the more the bank will want you to put down when purchasing a home. For example, you can borrow up to $322,700 with as little as 5% down with no rate hits. At $650,000 you'll need to put down a minimum of 10% if not higher. Give us a call and we'll show you different options that will enable you to keep your loans into one of our conforming rate programs.
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| 3/1 ARM |
4.125% |
| 5/1 ARM |
3.375% |
| 15 Year Fixed |
4.125% |
| 30 Year Fixed |
4.625% |
| 3/1 ARM |
4.125% |
| 5/1 ARM |
3.5% |
| 15 Year Fixed |
4.375% |
| 30 Year Fixed |
5% |
 | 5/26/10 11:20am |
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