Consider your property’s price when choosing between jumbo and conforming loans. Jumbo loans are designed for financing higher-priced homes and require higher credit scores and down payments. However, they may have higher interest rates compared to conforming loans. Conforming loans, conversely, adhere to government-sponsored entity limits, typically requiring lower down payments and credit scores while offering lower interest rates and more flexible terms.
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6303 Owensmouth Ave 10th Floor
Los Angeles, CA 91367 - info@CAPlatinumLoans.com
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