10/22/2018
Looking to buy or sell your home and have some questions regarding financing? What is a "nonconforming" loan? Edina Realty Mortgage sheds some light.
Nonconforming loans, also known as jumbo loans, provide financing for loan amounts higher than the maximum limits set by Fannie Mae and Freddie Mac. It may be a good choice if you have a higher property value and can manage larger monthly mortgage payments. Learn more at edinarealtymortgage.com/pages/jumbo-financing