They typically have stricter eligibility requirements to qualify for a mortgage and higher interest rates than conforming loans. Jumbo loans are riskier for lenders, so companies make it harder to ...

An icon in the shape of a lightning bolt. Impact Link When you begin the homebuying process, it can seem like there are an endless number of ways to describe a mortgage. They can be conventional ...

It’s possible to get approved for a home loan as a self-employed borrower, but you often have to take a few extra steps to ...

Wondering how Fannie Mae and Freddie Mac can make homeownership more affordable in 2025? With higher conforming loan limits ...

Mortgages for medical professionals may include lower down payments, waived mortgage insurance, and the exclusion of student loans from debt-to-income requirements. Need to know Current mortgage ...

Property requirements: The property you're buying ... FHA loan as with a conforming conventional loan. In 2025, the conforming loan limit for a single-unit property is $806,500 in most parts ...

CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.

Other major cities in North Carolina, including Raleigh, Durham and Wilmington, all have 2-foot freeboard requirements, according to the city of Asheville. The non-conforming clause is important when ...

Adjustable-rate mortgage (ARM) loan requirements vary by the type of ... In 2025, you can get a conforming ARM for up to $806,500 (or as much as $1,209,750 if you live in a more expensive housing ...

debt-to-income ratio and down payment requirements as the bank assumes most of the risk. Jumbo loans—mortgages that exceed the Federal Housing Finance Agency’s conforming loan limits—can be ...

FHA loan requirements are often more relaxed than the rules around conventional mortgage financing. Find FHA loan ...