Hi all - my husband and I are trying to figure out our next move and I’m feeling like an idiot because I am in the financial field but this process isn’t making sense to me.
We currently make $235k combined, monthly debt of $2200 a month in WI. We would like to sell our current house and upgrade to our next phase - at the very top a loan for $750k with a down payment up to $50k, plus the VA funding fee of about $10k and no PMI. My husband is a veteran so we have the availability to use a VA loan but we are running into issues in doing anything over the $510k conforming limit. Do VA jumbo loans exist??? If so, how do we find lenders that do that? Are interest rates higher for loans like that???
Submitted November 25, 2020 at 04:40PM by cippycup https://ift.tt/3m24MMh
