Our portfolio true jumbo mortgage rates continue to trend downward this week in Richmond County, VA.  The VA maximum loan limit has been raised to $582,500. 

Currently we have the following Jumbo VA Rates with 0 points as of business close on 12/11/08:

30 Year Fixed            5.75% Note Rate       5.875% APR

15 Year Fixed                        5.75% Note Rate       5.952% APR

Typical minimum FICO scores of 680/700.  Full Doc loans only.  Subject to verification of post closing assets and full underwriting.*

We also offer competitive pricing on FHA, and Conventional Loans in Richmond County, VA.  And we offer USDA loans in qualified Rural Development areas.

* Guidelines subject to change without notice and subject to final investor underwriting **Price adjustments for loans over $750k on fixed rate loans: add a .25% for fixed rates over 750k

Virginia License #MB-4076

Tags: jumbo mortgage rates, mortgage rates