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Colorado Jumbo LoansA Jumbo loan is any loan that is over $417,000. Loans below that value are known as conforming loans. Jumbo loans are not conforming which is why many people have difficulty finding financing in today's market, but not with First Choice Mortgage Company! A Colorado jumbo mortgage is not as easy to obtain as they once were. The reason behind that is because most loans originated by lenders are sold on the secondary market to investors such as Fannie Mae and Freddie Mac. Jumbo loans cannot be sold to these investors because the loan amounts are higher than they allow. This means that any lender funding Colorado jumbo loans in today's market is having to keep that loan on their own books and not sell it after the fact. As you can imagine not every bank has the capital to fund Colorado jumbo loans and keep them on their books. This is why First Choice Mortgage Company has partnered with only the premier jumbo loan funding sources available in the market today. Not every mortgage company will have access to jumbo loan funding like First Choice Mortgage Company. Now more than ever it is critical for borrowers to deal with mortgage professionals that specialize in the types of loans they need. Many borrowers will find it difficult to walk into their local bank and get approved for a Colorado jumbo loan. We have streamlined our Colorado jumbo loan process so that we can quickly qualify, approve, and fund our Colorado jumbo loans for our clients. Our Colorado jumbo loan program include the following types on loans:
Don't waste another minute of your time looking for a source to fund your Colorado jumbo loan. Simply complete our online loan application and one of our jumbo loan specialists will follow up with you.
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