Jumbo Loans

Take advantage of our low mortgage rates for loans over $726,200

Jumbo loans, also known as jumbo mortgages, are loans that exceed the limits set by the Federal Housing Finance Agency (FHFA).

What is a Jumbo Mortgage?

A jumbo mortgage is a home loan with a dollar amount that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that buy mortgages from lenders. If you have a lower debt-to-income ratio, a higher credit score, and a larger down payment, a jumbo loan may be right for you.

Qualifying for a Jumbo Mortgage

The underwriting process for jumbo mortgages is similar to that of a conforming mortgage, but there are differences:
Jumbo loans do not have private mortgage insurance therefore down payments are larger and the credit score requirements can be higher.
The maximum debt-to-income ratio for Jumbo loans is 45% and borrowers need at least six months’ worth of reserves in their bank accounts after closing, while conforming loan borrowers may only be required to have one or two months of reserves.

You could save big with a Jumbo Loan

With a jumbo mortgage you will get low rates for a big loan. Our jumbo loans offer maximum flexibility for home financing and you can choose between adjustable and fixed rate terms

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