Jumbo Mortgage Loans

What is a jumbo loan?

Any loan amount above the conforming loan limit is considered a Jumbo loan.  Currently the conforming loan limit is $417,000 for a single-family home.  Jumbo loans typically have slightly higher interest rates than loans of a lesser value, this is because lenders generally have a higher risk on these Jumbo loans than conforming loans as well as some additional underwriting restrictions.

Jumbo loans are also known as non-conforming loans. They do not conform to the guidelines set out by Fannie Mae and Freddie Mac for conventional loans. Jumbo loans are ideal for those who want flexible rates and terms on a higher loan balance.

Low down payments available

Available for a large selection of property types

Streamlined processing available - saving you time and money

Fixed and ARM programs available