Jumbo Loans
A jumbo loan, also referred to as a non-conforming loan, is a loan that exceeds Fannie Mae’s and Freddie Mac’s loan limits.
Jumbo Loans
- it is a loan product for any loan amount greater than $417,000 for a single family property (higher loan amounts apply for multi-unit properties)
- typically has a higher interest rate than conventional loans
For additional information about jumbo loans or large home loans, or to find out if you qualify for a jumbo loan, please contact us.