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Jumbo home loan rates in Somerset, TX are usually 0.75 basis points higher than conforming mortgage rates in Somerset, TX because there is no guarantee banks and credit unions can sell these mortgages after they make the loans. Somerset, TX fixed rate mortgages. Fixed rate mortgages are the most common mortgage available in Somerset, TX. Q.
A bridge loan is best suited to the customer who finds their dream home but has not sold their current home. We work with the customer to help make that dream home a reality! We can do 100% financing for the new home by using the equity in their current home until the house sells. These loans are structured for 12 months with interest monthly.
To qualify, homes must meet the following requirements: The home must be the Veteran or Military Member’s primary residence in Texas. The home must be a single family attached or detached home, townhome or condominium. Duplexes or other multi-family units must have been constructed at least five years prior to the closing date of the loan.
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Jumbo home loan rates in Somerset, TX are usually 0.75 basis points higher than conforming mortgage rates in Somerset, TX because there is no guarantee banks and credit unions can sell these mortgages after they make the loans. Somerset, TX Fixed Rate Mortgages. Fixed rate mortgages are the most common mortgage available in Somerset, TX.
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