What is a Jumbo Loan?
A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. These loans are used to finance luxury or high-cost properties and require strong credit and financial documentation.
Key Features
- Loan amounts exceeding conforming limits
- Fixed and adjustable rate options
- Available for primary, second, and investment properties
- Competitive rates for well-qualified borrowers
- Variety of term options
- Purchase and refinance available
Who Is This For?
High-income borrowers purchasing luxury homes or properties in high-cost markets that exceed conventional loan limits.
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