03.18.2013

IN THE NEWS: Mary Beth Rapice Comments on Jumbo Loans

MSN Real Estate

Pullman & Comley Real Estate attorney Mary Beth Rapice was recently quoted in "What is a Jumbo Loan?,"  an article about what is considered a jumbo home and how to qualify for a jumbo mortgage.

According to Mary Beth, "There is no private mortgage insurance with a jumbo mortgage, so the down payments are larger and, usually, the credit score can be no lower than 700. If you are going to apply for a larger mortgage amount, of course you're going to have to be able to show the income and the assets in order to pay that."

To read the full article, please click here.

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