Welcome to your Local Mortgage Report. I’m Lauren Hatmaker.
Are you ready to move up?
Is your family outgrowing the house they’re in now?
Do you dream about a country property?
I like to talk to people about jumbo mortgages.
They work for loans above $650,000.
They also work for larger acreage.
We recently talked about USDA loans, as well, for country properties and larger estates.
USDA loans do have an income cap.
Jumbo mortgages allow for higher-priced properties.
They also require excellent credit and a low debt load.
It’s important that you talk to a local professional who’s on your side and will help you find the situation that benefits your family the most.
Join us next week – Wednesday at 6:30.