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A jumbo mortgage is a mortgage with a loan amount above conventional conforming loan limits. This standard is set by the two government-sponsored enterprises.(read more) Home Equity Loans. A home equity loan (sometimes abbreviated HELOC) is a type of loan in which the borrower uses the equity in their home as collateral.
Early stage home loan delinquencies were at the highest level since 2013. In Texas 6.8 percent of home loans were behind by at least one month in payments. That’s ahead of the national rate of 5.3.
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