Do you need to borrow more than $417,000? Interested in leveraging your assets more effectively?

A Jumbo Mortgage facilitates high-end purchases of primary residences, second/vacation homes, and investment properties. A Jumbo Mortgage currently is a purchase or refinance loan for a single-family home that exceeds $417,000.* It is also called a non-conforming loan because it does not conform to the loan limits set by Fannie Mae (The Federal National Mortgage Association or FNMA) or Freddie Mac (The Federal Home Loan Mortgage Corp. or FHMLC). Jumbo financing options include fixed-rate and adjustable-rate mortgages, with a range of terms to accommodate immediate and long-range financial plans.

This loan program offers:

• Large loan amounts
  Larger loan amounts to purchase more expensive homes.
• Low down payments
  Loan amounts as high as $1 million and down payments as low as 5%.

Recommended for people who:

• Want to finance larger and/or more expensive properties.
• Can handle larger monthly payments.
• Are investment-minded and want to leverage their assets more effectively.