JUMBO LOANS

Jumbo Loans are the answer when you need to finance conventional loan limits of $417,000. These mortgages come with stricter guidelines due to higher loan amounts. But you can handle it.


Features:

  • You can scoff at conventional loan limits and borrow some serious money
  • Make sure you have your finances in order or you’re not eligible
  • Choose from 15 or 30-year terms with fixed or adjustable rates

Requirements:

Down Payment 20% of the final loan amount
Terms 15, 30 years, fixed and ARMs
Credit Score 700 minimum
Mortgage Insurance No
Maximum Loan Amount $2.5 million

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: