Navigating the Process of Jumbo Loans
Our Jumbo Loan Rates Are Low & Our Process is Quick & Stress-Free
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2022, the limit is $647,200 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $970,800. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.
If you’re considering a jumbo loan, it’s essential to weigh the benefits and risks carefully. While jumbo loans can provide financing for high-value properties, they also come with higher borrowing costs and stricter eligibility requirements. It’s crucial to determine if a jumbo loan is the right choice for your financial situation and goals.
We’re here to make the jumbo home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE Jumbo Loan Qualifier.
With so many different options available, it can be hard to know which one is the best fit for your unique financial situation. That’s where we come in. We will work with you to understand your goals and help you navigate the complex world of mortgage loans. Our team of expert brokers in Raleigh, NC will provide you with all the information you need to make the right decision, so you can feel confident that you’re choosing the best loan program for your needs. Whether you’re a first-time home buyer or a seasoned investor, we’ve got you covered.
The Jumbo Loan Process
Here’s how our home loan process works:
- Complete our simple Jumbo Loan Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
Why a Jumbo Loan?
There are many benefits, including: financing available up to $2.5 million; the convenience of one loan for the entire loan amount instead of having multiple mortgages; competitive pricing… and more.