Here it is September 29, 2008, and did you know you can still get a 30 year fixed rate Jumbo loan up to $600,000 (fully qualifying) up to 80% loan-to-value with an interest rate of 6.125% (6.253% a.p.r.)? Or, how about up to 90% loan-to-value, self-insured (lender pays for the private mortgage insurance), with an interest rate of 6.50% (6.631% a.p.r.)? For buyers purchasing or refinancing in Ashland, Jacksonville, Southwest and East Medford, and purchasing or refinancing waterfront or “gentleman farm”/mini ranch property, these higher loan amounts can come in handy.See you at the closing table!
Karen Cooper – OR/CA Mortgage Consultant – http://www.quality4loans.com/
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