Jumbo Loans Helpful to Buyers of Highlands Luxury Real Estate

Jumbo loans are helpful to buyers of Highlands luxury real estate. Luxury home sales across the nation took a hit when the housing bubble burst as jumbo loans were made nearly impossible to get. The good news is that these loans are more readily available than they have been in recent years, enabling qualified buyers to buy a vacation home in Highlands NC.

The loosening of jumbo loans has occurred in part from the allure for investors. Jumbo loans have a higher interest rate than those for conformed loans, offering investors a better return than they would find from other investments these days. It is necessary, however, for borrowers to have excellent credit and all of the essential credentials and information needed to secure such a loan.

Contact us today for more information on buying Highlands luxury homes. We can recommend local lenders and help you start your home search.

Click here to read “Loans Go Jumbo, Again” from Realty Times.

About the Author
BERKSHIRE HATHAWAY HOMESERVICES MEADOWS MOUNTAIN REALTY has been serving the Highlands NC and Cashiers NC areas offering exclusive mountain real estate and country club properties since 2003.

We recognize that there are many important aspects to consider in making a real estate choice. With that in mind, we listen closely to the needs and desires of each individual customer and work diligently to find the ideal mountain property or to sell your property as efficiently and effectively as possible. However, our job does not stop there.

Once you have made your real estate decisions, we are here to help you in any way that we can. It will be our pleasure to familiarize you with all aspects of the Highlands and Cashiers communities, including home, professional and personal services as well as activities, restaurants, health care and shopping. We will go the extra mile to ensure that your experience in the mountains exceeds your expectations.

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