Jumbo Loans

Financing above conforming loan limits with competitive rates for high-value properties.

How a Jumbo Loan Works

A jumbo loan finances an amount above the conforming limit, so it is priced and approved by each lender on its own terms. That makes shopping more valuable: the spread between lenders is often wider than on conventional loans.

Expect a closer look at income, assets and reserves. We prepare the file so each lender sees the same complete picture and can price it firmly.

What Lenders Look For

• Cash reserves of six to twelve months of payments
• A debt-to-income ratio of 43% or lower
• A full appraisal, sometimes two for larger loans
• Documented income for the last two years