About this loan
A Jumbo Loan is designed for buyers who need financing that exceeds conventional loan limits (typically over $726,200). It’s often used for high-value properties or luxury homes in high-cost housing markets. While Jumbo Loans generally have more stringent credit requirements, they also offer competitive interest rates and flexible terms. Borrowers should be prepared for larger down payments and a thorough income verification process.
Why Choose This Loan?
Higher Loan Amounts: Borrow more to purchase high-value properties or luxury homes.
Competitive Rates: Despite the larger loan size, interest rates remain competitive.
Flexible Terms: Terms can be adjusted based on your financial goals and repayment preferences.
Ideal For: Buyers in high-cost markets or those looking to finance luxury homes.
Interest Rates:Starting at 6.00% APR
Down Payment: Typically 10% or more, depending on the property value.