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Jumbo Elite is a mortgage loan intended for well qualified buyers that are looking for a mortgage higher than the conventional limit.
Jumbo Elite Mortgage: High-Value Home Financing for Well-Qualified Buyers
Jumbo mortgage loans are designed for buyers who need financing beyond the conventional loan limit (currently $548,000 in most areas). With a jumbo loan, borrowers can choose from a 30-year fixed product or three different ARM programs. While a 20% down payment is typically required, there are jumbo home loan programs available with as little as 5% down.
Jumbo Loan Benefits:
- Down Payment: Typically 20% or more, but lower down payment options are available.
- Credit Scores: Ideal for borrowers with scores above 760. Scores in the 720-759 range are accepted with pricing adjustments. The middle score of the highest income earner will be used.
- Loan Limits: Financing available up to $5,000,000.
- Occupancy: Owner-occupied or second residence.
Current Jumbo Mortgage Rates
If you're searching for jumbo mortgage rates today, we provide access to the most competitive jumbo loan rates and jumbo refinance rates available. Whether you're purchasing a high-value home or refinancing an existing jumbo mortgage, our expert team is here to guide you through the process.
Stay updated with the latest jumbo loan rates today and secure a financing solution tailored to your needs.
Contact us today to explore your jumbo mortgage options!