Buying a home in a high-cost area of California with just 5% down? It’s possible – but the numbers might surprise you! High Balance Conforming Loans (from $806,501 to $1,209,750) come with higher rates and costs, and they’re not available in every county.
Before you start house hunting, make sure you know how this affects your monthly payment. Want to see how much home you can afford? Let’s talk!
Have questions about buying, refinancing, or tracking your mortgage rate in California?
Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate