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Jumbo Mortgage – Borrow as much as $2.5 million with a reduced, fixed-rate loan

Jumbo Mortgage – Borrow as much as $2.5 million with a reduced, fixed-rate loan

Borrow as much as $2.5 million with a reduced, fixed-rate loan

With this Jumbo Mortgage it is possible to:

  • Borrow a lot more than the old-fashioned loan restriction, from $510,401 as much as $2.5 million
  • Benefit from the security of a fixed-term, fixed-rate home loan
  • Pay less than 10% down
  • Save more by having an origination that is low and closing costs
  • Pay no mortgage insurance coverage

Let’s dig only a little deeper

Create your fantasy house possible with loans as much as $2.5 million. As Portland area housing expenses continue steadily to increase, houses have grown to be away from reach for all local residents. The loan that is conforming (set by set by Fannie Mae and Freddie Mac) has become underneath the price of many single household virginia homes in your community. The Advantis Jumbo Mortgage gives you the capacity to borrow beyond the conforming limitation, from $510,401 as much as $2.5 million, to help you still create your fantasy house feasible.

Benefit from the security of a loan that is fixed-rate. Even though many other jumbo programs have adjustable prices that will increase with alterations in the marketplace, the Advantis Jumbo Mortgage comes with a fixed-term and a reduced, fixed-rate (comparable to a conventional fixed-rate home loan). You’ll have actually the satisfaction your price will never ever increase throughout the lifetime of your loan.

We provide an origination that is low, that may soon add up to big cost savings. The origination cost could be the amount a lender charges you with regards to their solutions, and does not consist of charges that are third-party. Our low origination cost can potentially soon add up to 1000s of dollars in cost savings on closing charges for a jumbo home loan.

No home loan insurance coverage needed. The Advantis Jumbo Mortgage calls for no home loan insurance coverage, assisting you to avoid a possibly big payment per month. (more…)

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