Jumbo Mortgage Loan

Think BIG with a Jumbo Loan

Sometimes your dream home comes with a bigger price tag than the standard loan limits allow. That’s where a Jumbo Mortgage comes in—it covers homes above the Federal Housing Finance Agency’s (FHFA) set loan limits, so you can purchase or refinance a higher-value property with one loan.

What You Need to Know..

  • Jumbo loans are designed for homes priced above conforming loan limits (think $800k+ and up).

  • They typically require a stronger credit profile and a larger down payment.

  • Options include fixed-rate and adjustable-rate loans, and they can be used for primary residences, second homes, or even rental properties.

  • Rates are often slightly higher than standard loans, but they offer the convenience of financing your full purchase with one mortgage.

The Highlights..

  • Buy or refinance higher-value homes with one loan.

  • Available for primary residences, vacation homes, and investment properties.

  • Flexible loan structures: fixed-rate, adjustable-rate, VA, Conventional, and even renovation jumbo options.

FAQ – The Short Version..

  • How much down? For primary residences, as little as 10% down may be possible. (Other property types may require more.)

  • Super Jumbo? For homes $1M+, certain programs are available.

  • Jumbo Reverse? For homeowners 62+ with high-value homes, equity can be accessed as cash.