A Jumbo Loan is a mortgage loan that exceeds the conforming limit, set by Fannie Mae and Freddie Mac. As of 2022 the limits for most people in America range from $548,250 to $822,373 depending on where they live. Rates can be higher because lenders have more risk with jumbo loans but it could prove an attractive option compared to other options for home buyers or investors looking at adding value onto their property.
We are here to make the process of getting a jumbo loan easier. We have resources and tools at your disposal in order to help you take on this journey with comfort.
Here’s how our home loan process works:
To be eligible for a jumbo loan, you need to have a good credit score. Lenders may require your FICO score to be over 700 points and sometimes up to 720 points. Your monthly debt payments on all of your outstanding debts must not exceed fifty percent of the gross income.
Get a quote on your jumbo loan now with our jumbo loan qualifier.
Complete our secure credit application and get preapproved to buy a new home or refinance your existing home in as little as 30 minutes.
Want to know if you prequalify to purchase a new home? Start the process today by working with one of our expert loan professionals!
Want to know if you prequalify to refinance your existing home? Our expert mortgage brokers are standing by ready to help you get started.
Please waite while data is being updated in the system....
Create your safe and secure credit application in few minutes.
We will crunch the numbers so you will know exactly how much money you can save.