What is a Jumbo Mortgage?

Buying your dream house can get immensely expensive, and that’s where jumbo loans come into the picture.

Why?

Because contrary to conforming loans, a jumbo mortgage lets you exceed your county loan limits, so you’ll be able to purchase a larger house without tapping into your savings. Please bear in mind that this type of loan isn’t guaranteed either by Fannie Mae or Freddie Mac, so it falls to you, the issuer to secure it.

Did You Know?

A Jumbo Mortgage may do the trick for you if you’re planning to purchase a home in an area where housing costs are sky-high.

However, the FHA can insure loans in the jumbo realm (within a certain limit, of course), so make sure to check out our FHA jumbo loan as well.

Jumbo mortgages are popular among wealthy homeowners and investors and offer a convenient loan option for purchasing a high-end property.

Jumbo Mortgage is for you if:

– You’re looking to increase your buying power.
– You’re a high-income earner with an excellent credit score and financial history and can afford higher down payments.
– You like the idea of having one loan instead of two, or more.

Loan Features:

– You’re looking to increase your buying power.
– You’re a high-income earner with an excellent credit score and financial history and can afford higher down payments.
– You like the idea of having one loan instead of two, or more.

If you’re thinking about applying for a Jumbo Mortgage, our experts are more than willing to help you.

Apply Now