Re: 请教关于jumbo loan# Money - 海外理财
m*e
1 楼
Only 1 bank can hold 1st lien
which means if you default, they can take over
your house.
So the second bank has less protection,
and it will charge you higher interest
for this added risk.
Too much trouble, just borrow a jumbo.
which means if you default, they can take over
your house.
So the second bank has less protection,
and it will charge you higher interest
for this added risk.
Too much trouble, just borrow a jumbo.