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Colorado Million Mortgage Loan
Colorado residents with substantial liquid assets may be eligble for $2MM to $35+ Million Mortgage loan products to refinance or purchase luxury real estate.
Due to strong property values, Snowmass, Colorado homeowners are often in the market for $1+ Million Mortgage loans.
Colorado adjustable jumbo mortgages are becoming increasingly popular as well, especially among investment Real Estate Owners.
Multi-millioan dollar loans are considered super jumbo loans, and they differ from conventional loans. Be sure to get your financing through a mortgage professional who understands how to work with multi-million dollar financing and who has experience with super jumbo loans.
These type of loans facilitate the high-end purchase of expensive homes, estates, vacation homes, investment property and upscale luxury homes. They are very attractive for primary occupants or investors who want to leverage their assets.
In Denver, areas such as Castle Pines, Cherry Hills, Country Club, and Park Hill and Washington Park are priced well into the millions of dollars.
On jumbo loans up to 1 million, it might be more cost effective for the borrower to take out a conforming loan amount on the first, and add a jumbo Home Equity Line of Credit on the 2nd mortgage. In 2008's lending environment, this seems to be the loan of choice for many jumbo borrowers up to this loan amount in Colorado high cost areas like Aspen and Vail.
Freddie Mac, The government-chartered mortgage company agreed to say how much it will pay for bigger loans or charge to guarantee related bonds as many as 90 days ahead of sales or securitizations, said Bob Ryan, the McLean company's vice president of mortgage-credit pricing.
So what the hell are any of you trying to say? With the exception of getting your name out there more; none of you provided any useful info on the super jumbo market here in Colorado. Before you respond negatively to me; realize that I use this for a source and I appreciate the people that are honest and useful. I am not hiding my info or using a different email (which would be smart) but I don"t need people like you guys wasting my time! Again I don't hide my info. Think about it! Address it correctly! I am in Denver and willing to discuss wasting my time accordingly!
» DISCLAIMER: The information contained in this article on 'Colorado Million Mortgage Loan' is a collection of contributions by licensed mortgage professionals and is not the opinion of Broker Outpost LLC. Always consult a licensed professional before applying for a mortgage.
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