Jumbo Loan

Finding the perfect home isn’t easy. Neither is finding the perfect mortgage — especially for higher-priced homes. As independent mortgage brokers, we offer a wider variety of “jumbo” loan products than most banks and retail lenders, including specialized options for short-term investors and Veterans.

If you have a lower debt-to-income ratio and a higher credit score, a jumbo loan may be right for you. Jumbo Loans are typically available with either a fixed interest rate or an adjustable rate, and they come with a variety of terms.

Jumbo Loan

Jumbo Loan Qualifier

What are the benefits of a Jumbo Loan?

The main benefit for borrowers is that a jumbo mortgage lets you borrow more than the limits imposed by Fannie and Freddie. For instance, if you’d like to borrow $1 million against a $1.5 million home, a jumbo loan makes it possible.

	Loan amounts up to $3,000,000
	1-2 Units eligible
	Up to 89.99% LTV and no PMI (Mortgage Insurance) required
	Fixed and Adjustable Rate Options

How can Jumbo Loans be used?

Jumbo loans can be used to:

	Purchase
	Rate and term refinance
	Cash-out refinance
	Investment property purchase or refinance

Still have questions on the Jumbo Loan Process?

If you still have questions on the Jumbo Home Loan Process, please contact New Dwelling Mortgage at 1-844-317-3050, Monday through Friday from 9:00 am to 5:00 pm EST.

Christopher Cardinali

21:38 09 Dec 24

My wife and I worked with Stephen to secure a mortgage for our first house. Stephen did an incredible job walking through every step of the journey and made us feel comfortable throughout the entire process. As first time homeowners, he was thorough, patient, and went above and beyond every step of the way. He was able to alleviate all our concerns and over simplified what could have been a very stressful process, taking time to explain every stage of the process. Gaby was also incredibly attentive and always checked in with us and made sure we were always progressing in accordance with the timeline we had for closing. It was an amazing experience working with them both and we would recommend them to anyone in need!

Michael Stumpf

17:31 08 Dec 24

We had a difficult case, buying a house from the estate of a family member. Steve Simone was just great! It took us more than a year but Steve was there for us through every twist and turn. His experience was invaluable and his responses were always quick and on point. And in the lead up to the closing, Gabi and the back office staff were just as great. Thank you all so much and Five Stars! Highly Recommended!!!

T F

04:27 07 Dec 24

Absolutely amazing team! We worked with Steve and Gaby. Both were extremely attentive, patient and knowledgeable! They walked us through the mortgage loan process step by step. They made the entire process so simple and straightforward. I would highly recommend this business and the team to anyone! You won’t be disappointed!

Ari K

15:11 02 Dec 24

My wife and I are blessed to have met Frank at New Dwelling Mortgage!!! Genuinely an absolute pleasure to work with from start to finish. Can't say enough about him and his company process. We would recommend anyone in the market to give New Dwelling a call first.

Caesar Krit

02:36 04 Oct 24

My wife and I cannot say enough about the expertise and true professionalism that New Dwelling provided for our first home. Gaby and Frank were extremely thorough and worked under short notice to meet deadlines. Would highly recommend to anyone else.