This increase will allow more home buyers to qualify for the advantages of a Conventional mortgage program.  For current homeowners this will allow a larger loan size with the flexible use of an automated underwriting engine.

This will allow easier opportunities for refinancing a first and second mortgage to one loan, the use of equity to consolidate other debt and the ability payoff a jumbo loan or an Adjustable Rate mortgage.

Superior Mortgage will still have a few niche mortgage  programs that will provide interest rate pricing that is the best in the Jumbo mortgage market for loan amounts up to $3 Million .  If you are interested in learning more about an FHA, FNMA or Jumbo mortgage, please call us at 800-706-6671 - Toll Free.