Jumbo Loans
Jumbo Loans
A jumbo loan is a mortgage that exceeds the typical lending limits set by federal agencies. Unlike conforming mortgages, jumbo loans allow you to borrow more money to buy more expensive properties.
The Lowdown on Jumbo Loans...
Our Jumbo Loan Rates Are Low & Our Process is Quick & Painless
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2021, the limit is $548,250 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $822,373. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.
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.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.
The Jumbo Loan Process
Here’s how our home loan process works:
Complete our simple Jumbo Loan Qualifier
Receive options based on your unique criteria and scenario
Compare mortgage interest rates and terms
Choose the offer that best fits your needs
Why a Jumbo Loan?
There are many benefits, including: financing available up to $2.5 million; the convenience of one loan for the entire loan amount instead of having multiple mortgages; competitive pricing… and more.
Buy a High-Priced Home: With jumbo loans, you're not confined by the typical loan limits, allowing you to buy in a higher price range.
Flexible Terms: These loans often come with the choice between a fixed-rate or adjustable-rate mortgage, giving you some flexibility based on your financial outlook.
Potential for No PMI: Some jumbo loan programs offer options without Private Mortgage Insurance, saving you money each month.
Higher Interest Rates: Jumbo loans can come with higher interest rates, which only add to the costs of a higher-priced loan.
Larger Down Payment: You'll need to pay at least 20% down for some jumbo loans, which can be a significant sum for high-value homes.
-Victoria C.
“Working with Ryan was a wonderful experience. He made himself readily available for any questions and was so helpful. Could not had made our recent townhome purchase without him. Would recommend him without reservations for your home finance needs.”
-Oscar L.
“Ryan was an absolute pleasure to work with during our homebuying process. This was our first home purchase, and his extensive knowledge of both the VA loan and traditional mortgages made the experience as stress-free as it could be. Ryan bent over backwards to ensure we got the best possible deal and was always available to answer our questions. Ryan truly went above and beyond for us, and we couldn’t have asked for a better mortgage broker. Highly, highly recommended!.”
