Category: Jumbo Loans

JUMBO LOAN THRESHOLD INCREASED

Since the 2020 maximum loan limit increase, in most areas throughout the U.S., jumbo loans are loans over $510,400. 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...

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VA JUMBO? CONTACT US WE CAN HELP YOU!

We have a variety of jumbo loan programs. Primary residence, second home, and investment property loans. As little as 5% down. High balance loans up to $679,650, jumbo loans over this amount. ARMs, interest-only, VA jumbo, and reverse jumbo available. If you are self-employed and do not show net income, we have bank statement loans where we use a percentage of the deposits in your account as income. You may find it is better to finance part of the purchase of the home rather than pay cash. If your investment accounts are earning more than the interest rate on the...

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