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Volume 2014 - Number 3

January 31, 2014

Purchase Jumbos Available, But Some Avoid Them

Borrowers looking to purchase a home with a loan balance above conforming loan limits have a number of financing options, according to real estate agents across the country. However, some potential homebuyers are opting to avoid jumbo mortgages by paying with cash or putting enough down to receive a conforming mortgage. Tom Popik, research director of Campbell Surveys, said respondents to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey reported that jumbo mortgage availability ...

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The year is almost 75% done. How is mortgage origination volume at your shop?

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