During this economic crisis caused by Covid 19 , many banks have suspended lending on non-conforming (Jumbo) loans (for example, a loan of more than $510,400 on a single-family home). The lenders that have continued to lend have very high rates and large buy-downs of points, making jumbo lending effectively unattainable. Angel Oak Home Loans announces today our return to jumbo lending with our own in-house Prime Jumbo loan! The rates are amazing! (call me for specifics) and are available for 80% Loan-to-Value or better. We will also lend on 2nd homes, condos, investment properties, even a cash-out refinance. For those of you with clients looking to buy high-priced homes and looking for the appropriate financing, give me a call today! Another thing to remember is that many lenders are still taking 60, 90 days or even longer to close their mortgage loans! At Angel Oak Home Loans, we can...
A Residential Real Estate Blog covering the city of Austin, Texas. Highlighting "Off Market" along with Austin Silent Market Inc Real Estate Active MLS Properties for Sale & Lease. Proud Indie ATX Business Advocacy and Local Culture. Curated by Austin Silent Market Broker Associate = George Vance McGee 512.657.9281 direct & georgevance@gmail.com