Jumbo Mortgage

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What is a Jumbo Mortgage?

"Jumbo 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 Mortgage?

"Super Jumbo Mortgage" are loans exceeding $650,000 for a single family residence. To learn more about the different "Super Jumbo" loan programs available please click here to contact a SUPER JUMBO MORTGAGE specialist !!!

Featured Product

"Six Month Libor Interest Only"
Interest Only Loans have  gained popularity for Super Jumbo 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" loan programs available please click here to find a mortgage professional for SUPER JUMBO MORTGAGES now !!!

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