Welcome to My Loan Expert 
Getting the best Jumbo Loan
Jumbo mortgage loans typically have a higher rate than loans that are considered conventional and within the Fannie Mae and Freddie Mac loan limits. Rates may differ by .125% or more depending on the type of loan. It’s important to compare a few lender’s quotes to make sure that you’re getting the best jumbo loan possible.
When you submit the short application to MyLoanExpert, you’ll get be able to get competitive rates and compare quotes from up to four top lenders. It is fast and easy.
Jumbo Mortgages - Why do they cost more?
Jumbo loans typically have a slightly higher rate because the risk associated with one loan is greater than a pool of several smaller loans. Also, the market for Fannie Mae and Freddie Mac loans is greater and since these organizations have the ability to raise large sums of money through highly rated bond offerings, the mortgage rates of lenders that sell to them are usually very competitive.
Multiple Quotes - Get up to four
Complete your application above and get multiple offers on your Jumbo Mortgage loan. The application is quick and concise and you will be pleased with the mortgage quotes that you receive.
Wherever your property is located within the US, MyLoanExpert submits your application to lenders who are qualified to lend in your state.
Education about current mortgage trends and money saving tips and articles complete the content of our site. Within MyLoanExpert.com you will find money saving ideas that may give you information regarding the latest news that may influence the decision you take on your next mortgage. We encourage you to click through our links page and see all articles and headlines, as you become more informed about recent money saving advice.
What follows is an all too familiar story in hundreds of thousands of homes across America.
Mr. and Mrs. Owin finally realized the dream of owning their own home in July 2005. They took on a home loan secured against their house in the amount of half a million dollars. It was hard, but they could [...]
Refinancing is a must do consideration for all householders! Refinancing has to be on the top of your cash-management ?to do list?! Refinancing is a financial product that will stand the test of time because it is good for both the finance companies and their clients! Lending companies will do and brokers will facilitate large [...]
Shop Around For Refinance
When shopping around the mortgage brokers for a change of lender and home loan contract please do not be mesmerized by the price. By price we mean of course the rate of interest. These are nearly rock bottom at this time and therefore very tempting but there are three other important factors [...]
|