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HUD Homes Lunch n’ Learn

We will be putting on a lunch n’ learn event at the Greater Kalamazoo Association of Realtors!

If you are interested in learning more about HUD Homes and all the unique things that come with them this is a must attend event.  Some of the items covered will be:

  • Loan program options
  • Special $100 down FHA financing
  • FHA 203b with a repair escrow
  • FHA 203k Renovation loans
  • The HUD lead based paint process
  • How to submit an offer on a HUD property

When: Tuesday, March 28th, 2017

12:30 – 2 pm  @ GKAR Classroom 5830 Venture Park Drive, Kalamazoo, MI 49009

Lunch will be provided

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Jumbo vs Conventional Loan

JUMBO LOAN VS. CONVENTIONAL: WHAT KALAMAZOO MOVE-UP BUYERS MUST KNOW

Are you shopping for a luxury executive home or a custom build in Texas Township, Portage, or Richland?

Yesterday, a move-up buyer walked into my office after touring a gorgeous five-bedroom home near Texas Corners. The listing sat well above their previous starter home price point, and they were trying to calculate their down payment strategy.

They asked me, “Jeremy, at what price point does our mortgage switch from a standard Conventional loan into a Jumbo loan? Do Jumbo loans require massive 20% cash down payments?”

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