A Jumbo loan mortgage is a type of financing where the loan amount is higher than the conforming loan limits set by the Federal Housing Finance Agency (FHFA). For example, the 2021 loan limit for conventional is $548,250 in most areas & $822,375 in high-cost areas. These areas vary based on the city and the county they may be located.

Program Highlights

  • Offers lower than 20% down payment
  • No PMI and No Premium payments are required
  • 2-year tax returns required
  • At least 10% down payment required