Jumbo Loans

jumboThese loans exceed the conventional loan limits set by Fannie Mae and Freddie Mac. The loans have stricter guidelines due to their higher loan amounts. They are designed for people with higher incomes who are interested in buying more expensive homes.

  • A Jumbo Loan allows you to finance a property that exceeds the Conventional loan limit of $417,000.

General Loan Requirements

Your Down Payment
20%

Terms Available
15, 30 years
(fixed rates and adjustable rates avail.)

Minimum Credit Score
700

Mortgage Insurance
No

Maximum Loan Limit
2,500,00