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  1. What kind of loans do you offer?

  2. How can I get the best rate?

  3. How can you offer such low rates?

  4. Where are you located?

  5. What is the maximum "Conforming Loan" Amount Allowed ?

  6. What is a "Jumbo Loan?"

 

What kind of loans do you offer?

Allegro-Mortgage Inc offers a full-range of conventional and non-conventional loan products to meet a wide range of credit and financial requirements.  Call Allegro today!  225-791-5047 or Toll-Free at 800-840-5047.

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How can I get the best rate?

Call an Allegro Loan Specialist Today!  225-791-5047 or Toll-Free at 800-840-5047.  We can custom design a loan to meet your needs and help you get the right loan.  

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How can you offer such low rates?

We keep our overhead low, and we maintain a close relationship with the best wholesale lenders in the country.  We believe we have the best rates available and once you see what Allegro has to offer, you will find that we can best meet your needs.

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Where are you located?

Allegro-Mortgage Inc is physically located in Denham Springs, just off I-12 at 2281 Range Ave, in front of Home Depot.  See our Map for more details: 

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What is the maximum "Conforming Loan" Amount Allowed ?

Fannie Mae (FNMA) and Freddie Mac recently announced increases in their conforming loan amounts to go into effect on any loans closing after Dec 1, 2005.  "Conforming loan" means simply it is not a "Jumbo" loan, and it meets certain FNMA loan standards. The new conforming loan amount increases are as follows:

bulletOne Unit to     $417,000    (previously $359,650)
bulletTwo Unit to     $533,850    (previously $460,400)
bulletThree Unit to  $645,300    (previously $556,500)
bulletFour Unit to    $801,950    (previously $691,600)

This means that with only 20% down based on new FNMA limit of $417,000, the purchase price could be as high as $521,250.

What is a "Jumbo Loan?"

A "Jumbo" loan is a non-conforming loan, or simply a larger loan over the conventional FNMA conforming loan amount.

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Copyright © 2003, Allegro-Mortgage Inc.  All rights reserved.
Revised: November 30, 2005 .

 

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Last modified: September 18, 2007