Jumbo Loans

With a jumbo mortgage, you’ll get low rates for your big loan. Offering a choice between fixed or adjustable rates, our jumbo loans offer maximum flexibility for home financing in approved, high-value counties.

- Is your home’s value between $417,000 and $729,750?
- Do you need flexible rates and terms?
- Are you looking for quick turn-around for your jumbo purchase or refinance?

If you answered “Yes” to any of these questions, a jumbo loan might be right for you!

Talk to a Home Loan Expert now at (877) 410-6663

Other loans you might be interested in:

Jumbo Loan Features

- Refinance up to 95% of your primary home’s value, or buy your home for as little as 5% down. Even less if you qualify for the FHA Jumbo!
- FHA Jumbos are also available for those that want the flexible guidelines and security of an FHA loan.

How the Jumbo Loan Works

- Any loan over the conventional loan limit ($417,000) is considered a jumbo loan.
- Loan limits vary by county, and rates depend on where your property is located.
- The jumbo loan may not be available in all states.
- Your actual payment will vary based on your situation and the current interest rates when you apply.
- Pay your mortgage at any time without pre-payment penalties.

Jumbo Loan Extras

- Ask us about Smart PMI – Pay part of your mortgage insurance up front to lower your monthly payment.

Jumbo Loans

Jumbo loans let you borrow more money if you're looking at homes in higher-priced real estate markets. Since the loan amounts are larger, they usually have more qualification requirements.

We're 2020`s winner for Best Mortgage Lender for Jumbo Loans.

$510,400

for a single-family home or residence

$653,550

for a 2-unit home (duplex)

$789,950

for a 3-unit home (triplex)

$981,700

for a 4-unit home (fourplex)

For many counties, a jumbo loan is when you're applying for a loan more than:

For higher-cost real estate markets, like San Francisco and New York City, a jumbo loan is when you're applying for a loan more than:

$765,600

for a single-family home or residence

$980,325

for a 2-unit home (duplex)

$1,184,925

for a 3-unit home (triplex)

$1,472,550

for a 4-unit home (fourplex)

Because these loan limits can differ from county to county, you should check the Federal Housing Finance Agency's website to see your county's limits.

Benefits

Allows home buyers to get a larger loan without tapping into savings
Offers higher loan amounts with higher loan-to-value (LTV) ratios compared to other loans
Offers fixed and adjustable rate mortgage options

Requirements

May have cash reserve or deposit requirements
May require a higher credit score than other loan types
Debt-to-income (DTI) ratio requirements may differ compared to other loan types

Explore other loan options

Conventional loans

A popular option for anyone with good credit and a down payment of 20% or more.

Find out more about conventional loans

Federal Housing Administration (FHA) loans

Helpful if you have a lower down payment, are self-employed or don't qualify for a conventional loan.

Find out more about FHA loans

Veterans Affairs (VA) loans

Offered to U.S. service members, veterans and military spouses, and are guaranteed by the Department of Veterans Affairs.

Find out more about VA loans