H******e
发帖数: 64 | 1 现在Jumbo 利率比conventional 好. :-)
Jumbo 利率最近受市场影响较小.上下浮动不大. | t*m
发帖数: 4414 | 2 what loan amount is classified as jumbo now? | c********e
发帖数: 2943 | | c********t
发帖数: 4527 | 4 同问
【在 c********e 的大作中提到】
: 5/1 现在大约是多少？ 谢谢。
| H******e
发帖数: 64 | 5 really depends on which county you are in. You can look it up on Fannie Mae
Website at:
https://www.fanniemae.com/singlefamily/loan-limits
here is the copy/paste for MA counties.( Sorry for the formatting)
County Name "1 Unit" "2 Unit" "3 Unit" "4 Unit"
BARNSTABLE, MA $417,000 $533,850 $645,300 $801,950
BERKSHIRE, MA $417,000 $533,850 $645,300 $801,950
BRISTOL, MA $426,650 $546,200 $660,200 $820,500
DUKES, MA $625,500 $800,775 $967,950 $1,202,925
ESSEX, MA $470,350 $602,100 $727,850 $904,500
FRANKLIN, MA $417,000 $533,850 $645,300 $801,950
HAMPDEN, MA $417,000 $533,850 $645,300 $801,950
HAMPSHIRE, MA $417,000 $533,850 $645,300 $801,950
MIDDLESEX, MA $470,350 $602,100 $727,850 $904,500
NANTUCKET, MA $625,500 $800,775 $967,950 $1,202,925
NORFOLK, MA $470,350 $602,100 $727,850 $904,500
PLYMOUTH, MA $470,350 $602,100 $727,850 $904,500
SUFFOLK, MA $470,350 $602,100 $727,850 $904,500
WORCESTER, MA $417,000 $533,850 $645,300 $801,950
【在 t*m 的大作中提到】
: what loan amount is classified as jumbo now?
| H******e
发帖数: 64 | 6 For example, for $800k house, for $400k loan, 5/1 ARM is 3.0% with no
closing cost.
if jumbo loan at $480k, the rate will be 2.875%.
【在 c********e 的大作中提到】
: 5/1 现在大约是多少？ 谢谢。
| c********e
发帖数: 2943 | 7 谢谢回复， 650K， 借 520K. 大约多少？
【在 H******e 的大作中提到】
: For example, for $800k house, for $400k loan, 5/1 ARM is 3.0% with no
: closing cost.
: if jumbo loan at $480k, the rate will be 2.875%.
| c********t
发帖数: 4527 | 8 can I do jumbo loan to get 2.875 rate, then I will pay 80k more principal
directly?
No sense that jumbo 480k get a better rate than conforming 400k.
Any insight?
【在 H******e 的大作中提到】
: For example, for $800k house, for $400k loan, 5/1 ARM is 3.0% with no
: closing cost.
: if jumbo loan at $480k, the rate will be 2.875%.
| L**8
发帖数: 166 | 9 How about Jumbo rate for 7/1 arm and 10/1 arm?
Thanks | H******e
发帖数: 64 | 10 3.25% with $1500 rebate
【在 c********e 的大作中提到】
: 谢谢回复， 650K， 借 520K. 大约多少？
| H******e
发帖数: 64 | 11 yes for purchase.
For refin, it depends on your current balance, if it's no less than $480k
then it's true as well. if you current balance is less than $480k and you do
a cash out to $480k, then if the LTV is greater than 60% after cashout(
house value is less than $800k), then the cash out itself might impact the
rate negatively.
【在 c********t 的大作中提到】
: can I do jumbo loan to get 2.875 rate, then I will pay 80k more principal
: directly?
: No sense that jumbo 480k get a better rate than conforming 400k.
: Any insight?
| H******e
发帖数: 64 | 12 it really depends on the house value and loan amount, the higher the loan
amount and the lower the LTV( loan to value), the better the rate. For
example, $1m house, $600k loan.
7/1 ARM 3.25% with $1000 rebate;
10/1 ARM 3.625% with $500 rebate.
【在 L**8 的大作中提到】
: How about Jumbo rate for 7/1 arm and 10/1 arm?
: Thanks
| L**8
发帖数: 166 | 13 Is it no closing cost as well? | H******e
发帖数: 64 | 14 yes, Everything is no point no closing cost.
【在 L**8 的大作中提到】
: Is it no closing cost as well?
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