Summary: A jumbo loan is a type of mortgage that is made in an amount over the conventional conforming loan limit in a specific location. In Seattle, home prices are higher than the average location in Washington state, so loan…
Summary: Sammamish Mortgage currently offers high-balance mortgage loans in Washington State, regardless of the county. They are well suited for borrowers in higher-priced markets who want to avoid the tighter requirements associated with a jumbo loan. This article will fill…
Summary: Conforming loan limits have increased in Portland, Oregon in 2020 as a result of higher home prices. But the limit is still much higher than the average home price in the city, leaving a lot of wiggle room for…
Summary: If you are thinking of applying for a mortgage in Washington State, the loan amount you take out matters a great deal relative to the price of the home you intend to buy. If your loan amount is higher…