Jumbo Loans

Jumbo Loans

The term ā€œJumboā€ refers to loans with a loan amount higher than $$806,500. Jumbo programs have been limited over the last year; however, there are still some good ones available. The larger the loan amount, the larger the risk, at least that is what the lenders are thinking these days. With larger loan amounts, prepare yourself for the possibility of needing additional documentation to close your loan.

With Jumbo Loans, every file is looked at on a case-by-case basis. If you need financing between $$806,500 and $3,000,000, pleaseĀ Contact Us today, and one of our experienced mortgage professionals will help you determine exactly what program works best for you.