Give us a call at 303.779.0591

Lower Rates for Jumbo’s!

Lower Rates for Jumbo’s!

The servicers who collect your mortgage payments have made an aggressive push towards acquiring more jumbo sized mortgages. This appears to be happening to allow for their servicing pools to remain at similar volume levels given there will be less new mortgages with refinancing slowing down.

If you are looking for lower interest rates right now, you may find if you have a need for a mortgage over conforming loan limits, this is the best bet. You may be able to lock in your rate for 7 or 10 years in the mid 3% range. By standards Jumbo (non-conforming) loan amounts have always had higher interest rates over conforming loan sizes.

Now would be the time for getting a Jumbo loan.

Now the facts, discuss your options with your lender, or give us a call.

Cheers,
Ray Williams

Share this post:

This field is for validation purposes and should be left unchanged.
Mortgage Advice
View All
Denver 411
View All
303.779.0591
[email protected]
Hablamos Español

Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.

387 N Corona St #646, Denver, CO 80218.

NMLS Unique Identifier #1838215

Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

Home Mortgage Disclosure Act Notice. The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.

Website by Sparkling Marketing, Inc.