Jumbo Loans

Ask a Jumbo Genius – Student Loan Debt


My student loans will be paid in two years. Should I wait before applying for a Jumbo Loan?

Probably not. Every situation is different, but if you can handle the payments, it often makes sense to secure a loan now. For example, if you wait for two years, and real estate appreciates 5%, you may be paying $100K more for the home and rates may be higher. Thus, you just paid more for the home and the loan. United Home Loans is happy to help you run numbers and determine the best time to invest. Contact a Jumbo Genius below or call 708-531-8388 for an honest assessment of the mortgage market and your financial position.