Why consider a Jumbo Loan?
– You’re shopping for higher-priced properties.
– You have good credit, consistent income and little debt.
– You’re a high-income earner with additional assets.
– You’re looking to buy an investment property.
– You’re shopping for higher-priced properties.
– You have good credit, consistent income and little debt.
– You’re a high-income earner with additional assets.
– You’re looking to buy an investment property.
Jumbo loans are mortgages specifically designed for high-value properties. Conventional loans top out between $510,400 and $765,600 depending on the county. If you need a mortgage for something more expensive than the conventional loans in your area can cover, you need a jumbo loan.