How the All In One Loan® is Changing Lives
See how our unique loan is helping more borrowers.
Jumbo Loans
Jumbo mortgage financing for higher-priced homes
When your home financing needs exceed Conventional Loan limits, Bank CMG offers Jumbo Loan solutions designed to help qualified buyers purchase or refinance higher-value properties with confidence.
What is a Jumbo Loan?
A Jumbo Loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA), making it a popular financing option for higher-priced homes. Jumbo Loans can help qualified borrowers purchase luxury properties or homes in competitive markets with a single loan, often offering flexible terms and competitive interest rates.
Why Use Bank CMG
Bigger loan amounts. More possibilities.
Jumbo Loans
Jumbo financing made accessible
Whether you're purchasing a luxury home, vacation property, or investment property, jumbo financing can help you secure the home you want with greater purchasing power.
- Loan amounts up to $5 million
- Down payments as low as 10%
- Some programs don’t require monthly mortgage insurance payments
- Can be used on primary, second, or investment homes
- Interest-only adjustable-rate mortgage (ARM) option
All In One Loan®
A solution designed to save you thousands on mortgage interest
The All In One Loan® combines your mortgage, checking, and home equity access into a single account designed to help eligible homeowners reduce interest costs, build equity faster, and improve cash flow flexibility.
- Qualify with bank statements instead of W2s
- Loan amounts up to $6 million
- Minimum credit score 720
- 24/7 access to equity
Special Programs
More Unique Ways to Qualify
Specialized financing options designed for medical professionals, recent graduates, and buyers of energy-efficient homes.
- MedPro Premier: Up to $2 million, no down payment or mortgage insurance for eligible medical professionals.
- Graduate Advantage: Up to $1.5 million based on future income with 10% down for qualified grads.
- Solar Express: Competitive financing for energy-efficient homes, up to $2 million.
FAQ
Frequently Asked Questions
We’re here to help! Find answers to your everyday banking questions.
The primary difference is the loan amount. Conventional Loans must fall within FHFA conforming loan limits, while Jumbo Loans exceed those limits. Jumbo financing allows qualified borrowers to access larger loan amounts for higher-value properties.
Bank CMG offers Jumbo Loan options with loan amounts up to $5 million, and qualified borrowers may be eligible for loan amounts up to $6 million through the All In One Loan® program.
Down payment requirements vary by program, but some Jumbo Loan options may allow qualified borrowers to purchase a home with as little as 10% down.
Not always. Some Jumbo Loan programs do not require monthly mortgage insurance payments, which can help reduce your overall housing costs.
Yes. Jumbo Loans can be used to finance primary residences, vacation homes, second homes, and certain investment properties, depending on program guidelines and borrower qualifications.
Interest rates vary based on market conditions, loan terms, credit profile, and other factors. In some cases, Jumbo Loan rates may be comparable to or even lower than Conventional Loan rates for well-qualified borrowers.
Credit requirements vary by loan program and borrower profile. Generally, Jumbo Loans require strong credit, stable income, and sufficient financial reserves. A loan officer can help determine which program best fits your situation.
Yes. Jumbo refinance options are available for homeowners who want to lower their rate, change their loan term, access equity, or refinance an existing Jumbo mortgage.
A Jumbo Loan may be a good fit if you need financing above conventional loan limits or are purchasing a higher-priced home. Speaking with a Bank CMG loan officer can help you evaluate your options and determine the best financing solution for your goals.
Resources
The Jumbo Loan Advantage
Is a Jumbo Loan right for you? Find out.
Benefits of Financing with a Jumbo Loan
Check out the common reasons a Jumbo Loan works