Jumbo loans are used when the mortgage is more than conventional Fannie Mae and Freddie Mac limits (currently its $726,200 for a single-family home (except Hawaii and Alaska and a few designated high-costs areas that have a $1,089,300 limit).
When a home's mortgage loan balance is above the the conforming loan limit it becomes a "jumbo" mortgage. We offer jumbo mortgages for primary residences, vacation or second homes, as well investment properties.
Our Investors offer down payments as low as 10% for Jumbo loans (with no Private Mortgage Insurance). With a choice between fixed or adjustable rates, in addition to wholesale lender comparison on product offering, our jumbo programs offer maximum flexibility for home financing on larger loans.
We also offer an exclusive special loan program with more flexible qualifying guidelines we call Nationwide High Balance up to $741,750 (even for counties that don’t offer Fannie Mae/Freddie Mac high-balance).
Got questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions and get you started with a great low rate on your jumbo loan today!