Jumbo Loans help borrowers obtain loans that exceed conventional loan limits. While qualification requirements are generally more strict than conventional loans, jumbo loans allow borrowers to purchase higher-priced homes. Jumbo Loan may be obtained for owner-occupied or non-owner occupied (i.e. rental) properties.
- Minimum 10% down payment
- High loan limits
- 1-2 appraisals required
- Fixed rates and adjustable rates available
- Available for owner-occupied and non owner-occupied homes