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.

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.

Jose Guzman

21:56 29 Jul 24

We used New Dwelling Mortgage for our Mortgage on our home and I must say do not second guess their services !! Steve & Gaby were great throughout the entire process; constant communication; weekly status updates. They make videos which help you visualize and understand important documents. Steve is there for all your needs and the best part was how quick we were clear to close!!! Thank you to everyone at New Dwelling.

Blue River

05:45 25 Jul 24

New Dwelling Mortgage specifically Stephen Simone created a wonderful experience for me as a client. He was knowledgeable, present, and in my estimation, the most ethical consultative service person I have ever worked with in my life. Ray every turn he promised and OVER delivered. He was able to get a mortgage done in two weeks for my family.I consider Stephen Simone not only a fantastic mortgage broker, but a friend for life after this experience.Thank you, Stephen Simone! And New dwelling Mortgage.

Justin Conigliaro

23:31 11 Jul 24

My wife and I cannot say enough about the expertise and true professionalism that New Dwelling provided us throughout the process of purchasing our first home. Amanda, Gaby and Frank were extremely thorough, warm and patient. They provided us with extremely helpful videos every step of the way, they made time to answer all of our many questions and made us feel extremely comfortable and confident as we embarked on a journey that we truly knew nothing about. Thank you so much for everything that you’ve done for us. We will ALWAYS work with New Dwelling moving forward and would highly recommend anyone else to do the same.

Ruth Boda

00:55 25 Jun 24

I have been working with Frank and New Dwellings on both refinance and purchase transactions. Their number 1 focus is taking care of their clients. I can 100% state from personal experience, that Frank and his team are one of the most professional, responsive and helpful mortgage professionals I have ever worked with. I highly recommend Frank and New Dwelling Mortgage!Got a loan started and closed in just 15 days! AMAZING!