Jumbo Loans
Jumbo loans exceed the dollar amounts that are put in place by Freddie Mac and Fannie Mae. If you’d like to land a competitive interest rate but don’t want the restrictions of dollar limits that come with conforming mortgages, a jumbo loan may be a good choice.
Conventional Loans
Most conventional home loans are conforming, meaning they adhere to the requirements set forth by Fannie Mae or Freddie Mac. There are some conventional loans like jumbo loans that are non-conforming and do not meet these requirements.
USDA Loans
Also known as rural development loans, USDA loans are guaranteed by the United States Department of Agriculture. If you’d like to buy a home in a rural area and have a low to moderate income, a USDA mortgage may be just what you need.
Internet Loans Direct TM
ILD Marketing, LLC
888-933-4933
info@internetloansdirect.com
Join now or log in to leave a comment