Jumbo Loans

Big Loans for Big Dreams

A Jumbo Loan is a type of mortgage that exceeds the limits set by the Federal Housing Finance Agency (FHFA) for conforming loans.

Higher Loan Amounts

Ideal for purchasing luxury homes or properties in high-cost areas that exceed conforming loan limits.

Flexible Terms

These loans typically offer lower interest rates compared to conventional loans.

Potential for Lower Rates

Some lenders offer competitive rates to attract high-net-worth borrowers.

No Private Mortgage Insurance (PMI)

Typically, jumbo loans do not require PMI, even with a lower down payment.

Customizable Solutions

Lenders may offer tailored loan options to meet the unique needs of affluent borrowers.