Financing for Luxury Homes and High-Value Properties πŸ’Ž

Jumbo Loans – Expand Your Home Buying Power!

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Jumbo loans are designed for high-value homes that exceed conventional loan limits. Whether you’re looking for a luxury property or a home in a high-cost area, a jumbo loan provides the necessary financing. With competitive rates and flexible terms, you can buy your dream home with confidence.

These loans come with higher qualification standards, but they offer the ability to borrow more than conventional loan limits allow. Perfect for buyers seeking financing over $726,200 in most areas.

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Frequently Asked Questions – Jumbo Loans

Learn how jumbo loans can help you finance high-cost homes.

What is a jumbo loan?

A jumbo loan is a mortgage that exceeds the conventional loan limits set by Fannie Mae and Freddie Mac.

What are the qualifications for a jumbo loan?

Jumbo loans typically require a higher credit score (700+), a larger down payment, and a low debt-to-income ratio.

How much can I borrow with a jumbo loan?

Loan amounts vary by location but typically start around $726,200. In high-cost areas, limits are higher.

Are the interest rates higher for jumbo loans?

Interest rates on jumbo loans may be slightly higher, but they are still competitive.

Can I use a jumbo loan to refinance?

Yes, you can refinance with a jumbo loan if you need to access equity or reduce your rate.

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