The Doug Haldeman Mortgage Team is now the premier lender for Jumbo Loans in Missouri.
Jumbo loans are loans that exceed $417,000, which is the conforming loan limit through Fannie Mae and Freddie Mac. Conforming means that the loans conform to Fannie Mae and Freddie Mac guidelines. Conforming loans are also called conventional loans. Jumbo loans are referred to as non-conforming loans because they don’t have to “conform” to Fannie or Freddie guidelines.
In the past, most jumbo loans were adjustable rate loans. Now, we can offer a 30 year fixed interest rate that is lower than the market rate. Many affluent homeowners that are in adjustable rate loans now have a chance to secure a fixed rate at historically low levels.
With the government printing money at record rates, it is very likely that rates will be going up over the next several years. Now is the time to consider moving to a fixed interest rate. Reach out to us and our team will help analyze your situation to see if you are a good candidate.
Call us at (314)472-DOUG (3684) or email me directly at [email protected] .
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