Mortgage lenders boosting jumbo loan limits 2 months before regulator
Mortgage lenders boosting jumbo loan limits 2 months before regulator
Lenders are dangling a windfall for those in the market looking to purchase or refinance a home now for more than $548,250, jumping ahead of expected loan caps increases in November.
Several aggressive mortgage companies are doling out bigger balance loans without sticking customers with the quarter-percent difference between a conforming loan and high-balance loans.
United Wholesale Mortgage,…
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