JUMBO
Get more buying power with a jumbo loan
About jumbo home loans
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. The limit is $766,550 for most of the US, apart from Alaska, Hawaii, Guam, the U.S. Virgin Islands and other high-balance counties, where the limit is $1,149,825. Rates may be a bit higher on jumbo loans because lenders generally have a higher risk.
Why consider a jumbo loan?
There are many benefits to jumbo loans. One of the biggest benefits is that financing options are available up to $3,000,000. This may provide convenience to many borrowers.
