Slash Jumbo Mortgage Rates With High Balance Secrets

The Mechanics of High Balance Loans

High balance loans are a type of mortgage that falls between conforming loans and jumbo loans. They are available in designated high-cost areas where property values exceed the national average. These loans offer a middle ground, allowing borrowers to access higher loan amounts with more favorable terms than traditional jumbo loans. By understanding the nuances of high balance loans, you can better position yourself to negotiate lower rates.