Jumbo Financing
- Low fixed and adjustable rates available
- Up to 80% loan to value on cash out refinances and debt consolidation loans
- Up to 90% loan to value on rate and term refinances
- Typically 10% down payment on home purchases
- Typically for good credit customers
- Over 80% loan to values require mortgage insurance
- 40, 30, 25, 20, 15 and 10 year terms available
- 100% financing specialty programs are available
Jumbo mortgages are designed for the customer who intends to borrow a large amount of money to purchase or refinance a home. Typically these loan amounts are in excess of $359,650. Jumbo loans most often have the same guidelines as conventional loans with a slightly higher rate. Traditional Jumbo Loans require that a customer put at least 10% down when purchasing homes, but recently many programs have become available that require little or no money down. If you are purchasing a home over $359,650 contact us and we will find a program to fit your needs.
* Approvals are not guaranteed. All programs are subject to terms and conditions as well as underwriting approval and review. All programs are subject to change without notice.
