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Specializing in jumbo home loans since 1977, we can find the loan that matches your specific situation.
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Many people have misconceptions about what jumbo loans are. When they hear or read the term "jumbo loan" the first thought that automatically comes to mind is a huge loan. More specifically, people assume that a jumbo loan is any loan over one million dollars. This is not true at all. Essentially, a jumbo loan is any residential mortgage with a loan amount exceeding the maximum conforming loan amount determined by Fannie Mae and Freddie Mac, which is currently $417,000.

Because of the higher risk that these loans carry, the rates tend to be higher than loans that have a smaller value. The amount of the conforming loan fluctuates ever year and varies from state to state in the country. In 1998, for a single family home, any loan amount over $227,150 was considered a jumbo loan. That amount for a jumbo loan has increased yearly, and in 2005, any loan amount over $359,000 is considered a jumbo loan. The loan amount for a jumbo loan has also increased for two, three, and four family homes in most states. With the rise in property sizes and values, jumbo loans are more popular and valuable.

Use our online application or call us toll-free today at 1-800-595-1474.


Whatever your financing needs,
we will tailor a loan that's right for you.

 
Rate Est. APR
30 Year Fixed
5.000% 5.094%
15 Year Fixed
4.75% 4.911%
3/1 ARM
4.25% 4.340%
3 Year Interest Only
4.375% 4.465%
*may include points
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