REAL ESTATE MORTGAGE INFORMATION FOR REAL ESTATE IN NORTHERN VIRGINIA
CONVENTIONAL CONFORMING - These loans conform to the Fannie Mae guidelines for eligibility, meaning that, on average, the buyers may devote up to 28% of their before tax income to housing. These loans require a down payment of at least 5%. You can also obtain 100% financing with conventional loans. In exchange for a slightly higher interest rate, the lender will lend you money with no down payment and will even pay your closing costs. The higher interest rates are deductible and are often a good buy for folks with good income, good credit and little cash.
Contact us and we'll help you determine how much home you are qualified to buy.
You can telephone at 800-711-7988 * EmailHomefinders.com
You can't have to make an appointment. You don't have to sign anything. Once we have your approximately borrowing power, we can schedule a tour of homes in Northern Virginia with an experienced Homefinders.com buyer's agent in your location of choice.
JUMBO CONVENTIONAL LOANS
We work with lenders who specialize in the Jumbo or Portfolio loans for special people like you who are in the luxury home market. You will not have to lift a finger. Our lenders will communicate and process your loan by electronic means or, if you are local, will meet with you at your convenience in your office or home. Loans up to over several million are available and special long lock loans, up to 9 months, are also available. This may be important if you decide to build and it appears that rates may be on the increase. We follow loan programs with long term locks, float-down features, short term locks, fixed, ARMs, no-documentation or low documentation loans, or any type that is best for you. We have Jumbo Loan lenders with rates of up to 1/2 % lower than market. We can save you real money on your Jumbo loan and it is a local company.
If you need specific loan information, contact us and we'll put you in touch with trusted lenders who can answer your questions and get you pre-qualified.
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Lenders are home buyers' friends. They lend large amounts of money
Luxury homes in Great Falls, McLean, Vienna
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Buyer Rebate Certificate HERE
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