Jumbo Loans

Suburban home with front porch

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

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
What type of jumbo loans are offered?

You can use 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.