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Exterior of Modern Suburban House

Jumbo Purchase

What is a "Jumbo" purchase?

A jumbo purchase loan is for financing homes that cost more than the limit for regular mortgages. Imagine a jumbo loan as a mortgage for a "jumbo-sized" house!Here's the breakdown:Regular mortgages: These have loan limits set by the government. In most areas, the limit for 2024 is $766,550.Jumbo purchase: If your dream home costs more than this limit, you'll need a jumbo loan to cover the difference.

How it Works

We offer many Jumbo Purchase for all our borrowers Needs and adjust to your situation with as little as 10% down!

Products offered for: 

  • Adjustable and Fixed Rates

  • Self Employed

  • New Job 

  • Rental Income 

  • W2 income 

  • IRA Income 

  • and much more!

Jumbo loan Qualifications: 

  • Minimum of 660 FICO score

  • Minimum 10% down payment 

  • Minimum Loan Amount Greater than $766,550.00

  • Debt to Income (DTI) cannot exceed 45% (in most cases)

  • No Bankruptcies in 5 years 

We know that as housing prices change that the need for the perfect loan becomes more and more important. Let us help you get into you dream home with our uniquire Jumbo Loan products! 

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