ScubaSteve_IHB
New member
If I were to buy a 600K house, would 20% downpayment be good enough or do I need to put down more so that my loan is under 417K?
Is a conforming loan still 417K or less?
- Thread starter ScubaSteve_IHB
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NEW -> Contingent Buyer Assistance Program
Jumbo conforming loans = $417.001 - $729,000
Jumbo loans = $729,001+
The rate difference between a regular conforming loan and a jumbo conforming loan is about 1/8%...not enough to throw in additional downpayment funds IMO.
No coupons. NO show. Hahah! I'ld love to. But I am really shy dude.
Thanks USC.. you are always there for me!
usctrojanman29_IHB
New member
Regular conforming loans = $1 to $417,000ScubaSteve said:
Jumbo conforming loans = $417.001 - $729,000
Jumbo loans = $729,001+
The rate difference between a regular conforming loan and a jumbo conforming loan is about 1/8%...not enough to throw in additional downpayment funds IMO.
reason_IHB
New member
USCtrojanCPA <--- this guy is too fast for me.
usctrojanman29_IHB
New member
You know it mang. So you coming to the IHB gathering tomorrow?reason said:
reason_IHB
New member
USCTrojanCPA said:
No coupons. NO show. Hahah! I'ld love to. But I am really shy dude.
ScubaSteve_IHB
New member
USCTrojanCPA said:
Thanks USC.. you are always there for me!