Welcome to "Daily Mortgage Rates LIVE," your go-to podcast for staying informed about the dynamic world of mortgage rates and financing.
In this episode, we're diving into a prestigious realm of mortgage lending—Prime Jumbo Loans. These loans are tailored for high-value real estate transactions and cater to a select group of borrowers.
Join us as we unravel the nuances of Prime Jumbo Loans, understanding their eligibility criteria, unique features, and the benefits they offer to those seeking luxury and high-end property financing. Whether you're a high-net-worth individual, a real estate professional, or simply interested in understanding exclusive mortgage solutions, this episode equips you with essential insights to navigate the complex landscape of prime jumbo lending.
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Disclaimers: The principal and interest payment on a $400,000 30-year Fixed-Rate Loan at 6.375% and 80% loan-to-value (LTV) and 760 credit score is $2,495. The Annual Percentage Rate (APR) is 6.722% with estimated finance charge of $10,000. The principal and interest payments, which will continue for 360 months until paid in full, does not include taxes and home insurance premiums, which will result in a higher actual monthly payment. Rates current as of 3/5/2024. Subject to borrower approval. Disclosure: All lending products are subject to credit & property approval. Rates, program terms & conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply.
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