Are you familiar with high balance loans? What is a high balance loan?
High balance loans are loan amounts in excess of the conforming loan limit of $453,100 up to $679,650. They apply to the lower end of jumbo loans; the rates on these loans are a little better than jumbo loans.
High balance loans can be used for primary and second homes beginning with a 680 FICO score; 20% down is required. Essentially you can buy a home up to $850,000 with this loan.
Contact Counsel Mortgage Group if you would like to save money with a high balance loan.
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