Getting A Loan
Jumbo
Jumbo Loans
A jumbo loan is a mortgage that is not guaranteed or insured by any government agency. These loans are specifically for borrowers who need a loan that exceeds the Conventional, FHA, VA, or USDA limits.
Loan Benefits:
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Can be a fixed rate or adjustable rate
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Can be a 30 year term down to a 15 year term
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Can be funded (start to finish) in as little as 10 business days
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Can be purchased with less than 20% down
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Ask us about our Fairway Jumbo loans which require less than 20% down!
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Can be used to purchase a primary, 2nd home/vacation property or investment home
Borrowing Power
Borrow up to 43% of your debt to income. How much you make vs. how much you owe.
*Contact us for your specific scenario. Exceptions do apply
Speed to Close
Close in as little as 10 business days! Average closing expectation is 30 days or less.
*Contact us for your specific scenario.
Minimum Credit Score
The minimum credit score a typical borrower will need to have is 680.
*Contact us for your specific scenario.
Minimum Down Payment
Purchase with as little as 10% down. In some cases with no mortgage insurance.
*Contact us for your specific scenario.
