Jumbo Loans

A jumbo loan, also known as a jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).

The Lowdown on Jumbo Loans...

Jumbo Loans

A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $647,200 in most counties, as determined by the Federal Housing Finance Agency (FHFA). Homes that exceed the local conforming loan limit require a jumbo loan.

Jumbo Loan Process

Here’s how our Jumbo Loan process works:
Step 1

Complete our simple mortgage pre-approval letter request

Step 2

Receive options based on your unique criteria and scenario

Step 3

Compare mortgage interest rates and terms

Step 4

Choose the offer that best fits your needs

Do I Qualify?

Also called non-conforming conventional mortgages, jumbo loans are considered riskier for lenders because these loans can’t be guaranteed by Fannie and Freddie, meaning the lender is not protected from losses if a borrower defaults. Jumbo loans are typically available with either a fixed interest rate or an adjustable rate, and they come with a variety of terms.

Jumbo Loans Qualifier

Step 1 of 3 - Pesonal Details

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