Check out these top benefits of getting a jumbo loan with us.
Buying a home in some of the most desirable real estate locations is possible with a jumbo loan, and it's the best option for financing properties that exceed conventional loan limits.
A jumbo loan allows you to borrow more to purchase your dream home and do it without the need for multiple mortgages. Here's how:
More money on hand. Since there are no limits on jumbo loans, you can get approved for a larger loan, giving you more purchasing power and flexibility.
Optional 20% down payment. You have the option of paying a 20% down or choosing a lesser lower amount with added PMI.
Option for bigger homes and land. As buyers move toward rural areas for their next home, a jumbo loan can help home buyers invest in larger lots and larger homes in the countryside.