Buying A Home
m+j
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Dumb Question re: jumbo loans
So if I understand correctly, a jumbo loan would be necessary for a mortgage over $417,000. It looks like typically jumbo loans carry interest rates that area about a point higher. Here's where I get confused. If I'm purchasing a house for $550,000 and I put down $135,000 (leaving $415,000 to be financed), would I still need a jumbo loan? Would my loan amount still be $550,000 putting me over the threshold, or would my down payment mean that I could get a standard loan?
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Re: Dumb Question re: jumbo loans
thank you!
thank you!