A jumbo loan can be an excellent option to help you purchase your dream home. Used to purchase luxury or high-priced homes, jumbo loans are a popular option for many borrowers. What makes jumbo loans special is that while the limit on most homes is around the $424,100 mark, a jumbo loan can exceed these limits. The jumbo loan is a simple and effective home financing method for borrowers who need larger loans. Jumbo mortgages are a perfect option if you would like to purchase a home or property for over $424,100. Buyers with a lower debt-to-income ratio, high credit scores and who pay larger debt payments are great candidates for jumbo loans. Although jumbo loans require a 20% down, our team can help you find jumbo loans that have as little as 10% down. You can use a jumbo loan to finance anything from a gorgeous home for a growing family to a tastefully-decorated condo. Jumbo loans are also great options for owner-occupied, investments and second homes. If you have questions about whether a jumbo loan is best for you, we look forward to helping you find the answers!
If you are ready to start your buying or selling process
give me a call.We are happy to help answer all your questions.