By Ryan Champion, CMA, CREV, Certified Mortgage Advisor in Durango, Colorado Every fall, buyers in Southwest Colorado start asking the same question: how big can a conventional loan get next year before it becomes a jumbo loan? The answer matters more her
By Ryan Champion, CMA, CREV, Certified Mortgage Advisor in Durango, Colorado Southwest Colorado has always drawn second-home buyers. Families from Texas, Arizona, and New Mexico have summered in Durango and Pagosa Springs for generations, and places like
Not every home purchase fits neatly within standard loan limits. In many housing markets—particularly those with higher home values—buyers often find that conventional financing simply doesn’t go far enough. When that happens, jumbo loan