Jumbo Loan

Also known as a non-conforming loan, Jumbo Loans are meant to be utilized by highly qualified borrowers looking to invest in real estate that falls above the Federal Housing Administration’s loan limits. Most suitable for people looking to buy a luxury second home or high priced first home.

Jumbo Loan

FEATURES

● Up to 95% loan-to-value ratio with no mortgage insurance

● 680 credit score minimum, including cash-out refinances

● Loans up to $5 million for qualified buyers

● Versatile income requirements for qualified buyers

● Cash-out refinance options available for qualified applicants

WHAT IS A JUMBO LOAN?

Jumbo Loans are for people looking to buy places that fall above the Federal Housing Administration’s designated ‘conforming loan limit’ that changes every year. These loans are offered to borrowers interested in buying more expensive homes. These loans can be used for primary or secondary residences.

CHECK IF YOU CAN GET PRE-QUALIFIED

Using a simple application process - and our expansive knowledge of the mortgage industry we can help guide you through the steps to check if you can get pre-qualified for a loan today.

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