What is a Jumbo Mortgage?

"jumbomortgages Mortgage" applies to residential loans that exceed $322,700 for a single family residence. lenders use this term to describe products offered above and beyond conforming loan limits set by Fannie Mae.

Programs range from "Interest Only" Libor Loans to Fixed Rate Mortgages. Each product has a unique advantage to the client so every option should be considered to match your goals.

What is a Super jumbo mortgages Mortgage?

"mortgage refinancing" are loans exceeding $650,000 for a single family residence. To learn more about the different "Super jumbo mortgages" loan programs available please click here to contact a mortgage refinancing specialist !!!

Featured Product

"Six Month Libor Interest Only"
Interest Only Loans have gained popularity for Super jumbo mortgages products over the last 24 months. These loans, which once were aimed at only a small circle of borrowers, have now gone mainstream. Situated for clients who intend to live in their homes for shorter periods of time, these programs allow borrowers to make lower payments than a traditional mortgage. Start rates generally are up to two percentage points lower than fixed-rate mortgages and there are preventive caps to avoid large sudden rate increases.

To learn more about the different "Super jumbo mortgages" loan programs available please click here to find a mortgage professional for mortgage refinancing now !!!

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