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MonarchShawn McElderry

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General Qualifiers for Jumbo Mortgages

General Qualifiers for Jumbo Mortgages

by | Sep 13, 2021 |

General Qualifiers for Jumbo Mortgages - If you are needing a home loan that covers more than $548,250, or $822,375 in more expensive housing markets across California, you will need a jumbo loan. But what are the qualifications of being able to secure a jumbo loan?...

Jumbo Loan Down Payment Requirements in 2021

Jumbo Loan Down Payment Requirements in 2021

by | Sep 6, 2021 |

If you, like many California homebuyers and other homebuyers across the country, are hoping to purchase a bigger better and more expensive home this year it is highly probable you will need a bigger mortgage. A jumbo loan can allow you to buy a more expensive home...

Debt Service Coverage Ratio Loans

Debt Service Coverage Ratio Loans

by | Aug 30, 2021 |

What is a Debt Service Coverage Ratio (DSCR) Loan? A debt service coverage ratio loan, or DSCR is a helpful option to finance real estate investments. The real estate investment market has been promising for many and intriguing for some as it has been seeing a...