High-Balance Financing
Jumbo Loans
If you need a loan for a property that exceeds Conventional Loan limits, we have over 15 options and are happy to help you find the right fit.
Financing for homes that go beyond conventional limits
Jumbo Loans provide financing for properties that exceed Conventional Loan limits. Whether you're buying your forever home, a luxury property, vacation home, or investment property, we offer a variety of jumbo loan solutions designed to fit your goals. With 15+ Jumbo Loan options, we'll help you find financing that fits your needs.
Highlights
Jumbo Loan features
Interest-Only ARM
Pay less in the early years of your Jumbo Loan
Eligible borrowers may choose an interest-only loan option, allowing for lower monthly payments during the initial interest-only period before transitioning to principal and interest payments. Great option for borrowers who:
- Want greater payment flexibility
- Expect their income to increase
- Plan to sell or refinance before the interest-only period ends
Highlights:
- Max loan amount $3M
- Available for primary or second home
- Purchase and refinance
- Min credit score 700
- Min down payment 20%
Loan Limits
When Do You Need a Jumbo Loan?
Conventional loans are subject to annual loan limits established by the Federal Housing Finance Agency (FHFA). If your financing needs exceed those limits, a jumbo loan may be the right solution. Loan limits vary by county, with higher limits available in designated high-cost areas.
FAQ
Frequently Asked Questions
We’re here to help! Find answers to your everyday banking questions.
Yes. Qualified borrowers may be able to have multiple Jumbo Loans at the same time, such as financing a primary residence and a second home or investment property. Eligibility depends on the loan program and your financial qualifications.
Yes. Self-employed borrowers may qualify for jumbo financing. Additional documentation may be required to verify income, depending on the loan program.
Most jumbo loan programs do not have prepayment penalties, allowing you to pay extra toward your principal or pay off your loan early. Your loan officer can explain the terms of the program you choose.
