Jumbo & Super Jumbo Mortgage Loans by Residential Wholesale Mortgage, Inc

No loan is too big for us. RWMI has specially tailored programs to suit borrowers of any level, and we understand how to structure complex self-employed borrower's loans.

Jumbo & Super Jumbo Loans
We take great care with loans of any amount. But if your situation requires a Jumbo loan (an amount exceeding $417,000) or a Super Jumbo loan, (an amount exceeding $650,000) we have the experience to help you navigate all your options in these large investment situations.

	First home, second home, and investment property programs
	First and second mortgage combinations to meet your specific needs
	Unique property issues creatively resolved
	Complex ownership and titling experience

We deliver the superior service, confidentiality and attention to detail necessary to make your loan process as smooth as possible. Contact us at 800.865.6266 to see how it can work for you.

European Concerns Increase

Increased concerns about Europe helped mortgage rates improve this week, although the impact of the recently passed extension to the payroll tax reduction is beginning to push up mortgage rates for certain loans (discussed below).

The news from Europe was mostly negative this week. Economic growth in Germany was slower than expected. Negotiations on restructuring Greek debt did not progress as planned, increasing the risk of default. S&P is downgrading the debt of several European countries, including France. Finally, the European Central Bank (ECB) provided no relief, as it gave no indication that it would increase the level of aid available to troubled countries. As a result, investors shifted funds to relatively safer investments, including US mortgage-backed securities (MBS), which helped mortgage rates move lower.

The recently passed extension to the temporary payroll tax reduction contained a lightly publicized revenue raising provision to increase the guarantee fees charged on Fannie Mae and Freddie Mac loans. This fee results in higher rates for borrowers, and mortgage rates for loans not expected to close within the next month or so have begun to reflect this coming increase in guarantee fees.


	800.865.6266

Call 800.865.6266 for current interest rates. Each rate quote we provide is custom & we offer the most competitive products and programs available in the market place when considering your specific situation.

Rates are subject to change.