Jumbo Loans

Key Benefits

• Finance homes above conforming loan limits
• Competitive rates for qualified borrowers
• Various term options available
• Can be used for primary or secondary homes
• Interest-only options may be available
• Fixed and adjustable rate options

Requirements

• 1
  Higher credit score required (typically 700+)
• 2
  Lower debt-to-income ratio (usually under 43%)
• 3
  Larger down payment (typically 10-20%)
• 4
  Significant cash reserves required
• 5
  Thorough documentation of income and assets

Ideal For