fbpx

Jumbo Loans

Jumbo loans are available for eligible borrowers who are buying or refinancing a property valued higher than conforming loan limits, up to $3 million.

In 2020, the maximum amount for a conforming loan is $510,400 for one-unit properties in most counties. Homes that exceed the local conforming loan limit may qualify for a jumbo loan program.

For high-value properties, we offer programs that allow eligible borrowers to finance their home with a lower down payment.

All loans are subject to credit approval.

Example of 90% LTV (10% Cash Down) Jumbo Loan with $725,000.00 sales price. $652,500 loan amount – 30-year fixed rate loan with zero points based on 360 monthly payments at $3,306.12 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. 10% cash down payment of $72,500.00 required. Example assumes 700 credit score and includes $1,295 origination fee, 4.537% APR, and 4.5% interest rate as of 12/17/2020. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.