Did Jumbo loan change drive up home prices 10% today?

[Arty]

I think you have to pay insurance premium upfront, too. Also, the loan amount is also capped by your income i.e. your monthly housing payment cannot exceed ~40% of your income…if I am right.

[Eugene]

http://www.fhainfo.com/incomeguidelines.htm

Best case scenario (FHA jumbo rates down all the way to 6%), 200k/year income should qualify you for a 700k house with as little as 20k down.

[Eugene]

http://www.fhainfo.com/incomeguidelines.htm

Best case scenario (FHA jumbo rates down all the way to 6%), 200k/year income should qualify you for a 700k house with as little as 20k down.

[Eugene]

http://www.fhainfo.com/incomeguidelines.htm

Best case scenario (FHA jumbo rates down all the way to 6%), 200k/year income should qualify you for a 700k house with as little as 20k down.

[Eugene]

http://www.fhainfo.com/incomeguidelines.htm

Best case scenario (FHA jumbo rates down all the way to 6%), 200k/year income should qualify you for a 700k house with as little as 20k down.

[Eugene]

http://www.fhainfo.com/incomeguidelines.htm

Best case scenario (FHA jumbo rates down all the way to 6%), 200k/year income should qualify you for a 700k house with as little as 20k down.

[Author]

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