Our Jumbo Loan Rates Are Low & Our Process is Quick & Painless
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2020, the limit is $510,400 for most of the US, however certain areas in the U.S. have limits up to as much as $765,600.
California has what’s referred to as ‘high-cost’ county loan limits that are derived by median home prices in a particular county and have a ceiling of 150% of the baseline mortgage limit. Loan amounts between $510,400 and $765,600 are referred to agency ‘High Balance’ or ‘Super Conforming’ loans because they exceed the baseline limit.
Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.
We’re here to make the jumbo home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE Jumbo Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.