A blog about residential real estate in the Dallas area including Far North Dallas, Richardson, , Plano, Allen, McKinney, Frisco, Prosper, Celina Carrollton-Farmers Branch, Garland, and Wylie.
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Monday, August 24, 2015
Why JP Morgan and Bank of America Relaxed 'Jumbo Mortgage' Rules
The bank dropped its minimum credit score for would-be homeowners to 680 from 740 on "jumbo" mortgages, which are for homes typically worth more than $417,000.
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