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re: Home Loan Q - Jumbo Loans

Posted on 4/4/20 at 4:28 pm to
Posted by disco tiger
Everywhere
Member since Dec 2003
206 posts
Posted on 4/4/20 at 4:28 pm to
Thanks. Last question. Does the property valuation come into play? It was worth 3X what I owed earlier this year. Probably worth less now.
Posted by HYDRebs
Houston
Member since Sep 2014
1243 posts
Posted on 4/4/20 at 5:11 pm to
yes it will, but I doubt valuation has gone down much if that’s what it was worth earlier this year. I would think depending where it’s located in PR trailing sales from the last 6-12mo have been more affected by the past hurricane that hit the island rather than the current market conditions.
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