Your Quick Guide on JUMBO Loans...
Why choose a JUMBO Loan?
There are many benefits to choosing a Jumbo loan, including, financing that is available for up to $3 million. You also have the convenience of using one loan for the entire loan amount instead of having multiple mortgages. Not too mention the competitive pricing on Jumbo loans and much more.
Our JUMBO Loan Rates Are Low and Our process is Streamlined!
A jumbo loan is a loan that exceeds the Conventional (Conforming) loan limits as set by Fannie Mae and Freddie Mac. As of January 2023 the minimum loan amount is $715,000 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the minimum loan amount is $822,375. Typically rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk. But, you can also use a Jumbo loan to get cash out on the equity of your home. Which is an added plus.
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There are several loan options to choose from when it comes to Jumbo loans. That is why we would love to get to know what your goals are and design a plan just for you!
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We’re here to make the jumbo home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE Jumbo Loan Qualifier.
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Here’s how our home loan process works:
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Complete our simple Mortgage Application
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Receive options based on your unique criteria and scenario
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Compare mortgage interest rates and terms
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Choose the offer that best fits your needs
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