Jumbo Loans

A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2022, the limit is $647,200 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $970,800. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.

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 repeat buyer.
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Benefits of Jumbo Loans

  • Credit: 700+ FICO

  • Max Debt-To-Income (DTI) Ratio of 43%

  • Reserves: Minimum of 6 months reserves and proof of disposable income

  • Owner occupied: up to 85% LTV if Purchase | Up to 75% LTV if Refinance

  • 2nd Home: Up to 70% LTV if Purchase | Refinance N/A on 2nd Homes

  • Minimum Loan Amount is 1$ over the county limit

  • Transactions: Purchase |Refinance(Rate & Term/ Limited Cash-out/ Cash-out)


Who qualifies?

  • 18 years or older

  • U.S. Citizens

  • Green Card Holders (non U.S. Citizen)

  • H-1B Visa & EAD Card Holders (non U.S. Citizen)

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