Beginning January 1, 2018, jumbo loans are loans over $453,100.
We offer many jumbo products, including primary residences, second homes, and investment properties, we can offer 5% down jumbo on primary residences. We also have an interest-only jumbo product available.
The jumbo rates we are seeing are comparable to conforming rates. In the past when we would encourage borrowers to stay at the conforming loan limit, the rates are now comparable and a higher loan amount may not penalize you in rate.
With more products becoming available, we are seeing increased confidence in the economy as investors are willing to take more risk by providing more products; it is in your best interest to work with a mortgage broker who has access to multiple products from different lenders.
If you are looking for a jumbo loan, contact us and we can help you!
We offer a variety product services, ask us how we can assist you today:
Counsel Mortgage Group®, LLC
AZ MB #0909580
CA DBO #60DBO43873
John Rapasky is the President of the Counsel Mortgage Group, LLC. Copyright © 2018 Counsel Mortgage Group®, LLC.