JUMBO Loans

A Jumbo is a loan in which the amount borrowed is greater than the loan limit set by Fannie Mae (FNMA) & Freddie Mac (FHLMC), which is $484,350.

Advantages:

  • Able to finance a home that is over the maximum loan amount established by Fannie Mae and Freddie Mac.
  • Enables a borrower to purchase “more house”
luxury home kitchen
luxury home staircase

Program:

  • 10% Down with no Mortgage Insurance
  • Loan Amount up to $1.5 million
  • 15 & 30 year fixed-rate terms and 5/1 ARM terms available

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