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Jumbo Loan Options

Jumbo Loan Options

Shopping for a higher priced home? One of the most important steps of shopping for your dream home is determining the right type of
financing for your needs, and working with a local, experienced lender can make all the difference. We are ready to help you with our flexible jumbo loan options, local market knowledge and unsurpassed service.

What is a jumbo loan?

A jumbo loan, or non-conforming loan, is a mortgage that
exceeds loan limits1 that are set by the Federal Housing
Finance Agency (FHFA). If you are shopping for a home
that would require a mortgage loan amount higher than
FHFA’s limits, let’s discuss jumbo loan options!


What are the features of a jumbo loan?

  • Maximum loan amount up to $5,000,000.
  • Down payment as low as 20% for purchase transactions.
  • Purchase and refinance options available.
  • Purchase and refinance loan options available.
  • Primary residence or second homes eligible.

 

1. Loan limits vary by state and county. Consult your mortgage consultant to determine limits in your area.


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