A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2021, the limit is $625,000 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $935,500. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.
Up to $2.5 million
There are many benefits, including: financing available up to $2.5 million; the convenience of one loan for the entire loan amount instead of having multiple mortgages; competitive pricing… and more.
Quick and Painless Process
We offer a variety of fixed rate, adjustable rate, and interest only jumbo loans throughout the State of Florida. We even have access to great alternative documentation loan programs where you may be able to qualify using bank statements and/or assets instead of W2s or tax returns.