Saturday, August 22, 2015

Jumbo Mortgage Wisconsin Credit Repair Nerds

A Jumbo Mortgage is a home loan with an amount that exceeds conforming loan limits imposed by Fannie Mae and Freddie Mac- the two Government sponsored enterprises that buy mortgages from lenders.  The loan limit is approximately 417 thousand dollars.

This is large mortgage origination providers easing lending requirements to extend access to a bigger share of the market.  JP Morgan Chase in early August announced a jumbo mortgage program that will include a credit score of 680 with a 15 percent down payment for a maximum loan amount of 3 million dollars for a primary residence home.

The easing is described as accepting a lower credit score and a lower percent of total loan with the down payment.  These are big banks easing loan standards to increase the population of available borrowers.  The presentation of the individual's credit report formulates the score the lenders rely on to complete the lending process.  Credit Repair Nerds Wisconsin helps consumers improve their credit report strengthening the presentation of this private financial information.


Try the Credit Repair Nerds Wisconsin App
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Credit Repair Nerds Wisconsin https://homecarepath.sharepoint.com/Pages/CreditRepairNerdsWisconsin.aspx  works with a consumers credit information to fix reported history and improve scores.  We are in the business of managing your credit report to improve your borrowing outcome.

Home Care Path celebrates 5 years of successfully serving families in Wisconsin

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 Home Care Path  www.homecarepath.com and the Wisconsin PATH ALONG model deliver an advanced supportive care service.  Helping seniors in the home, with clinic visits, at the hospital, nursing home and assisted living facility.  Helping seniors downsize with a move in to an adult child's home. 2015 rates are 20.00 per hour.  Simply call 608-432-4286 to schedule an interview.  We can be there when you are working.  We accept long term care insurance.  Services can be tax deductible.  Help with resources and the transition from private payment to public funded programming.  Valuing home and human life

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