• Jumbo and High Balance Conventional Loans

  • Jumbo Loans

    Jumbo mortgages do not conform to Fannie Mae and Freddie Mac conforming guidelines due to mortgages being larger than the conforming limits.  Normally, lenders require 20% down payment, but we do not.

    • Borrower contribution minimum of 5%. If appraiser notes a decline market, reduce the loan to value by 5%.
    • Property types include single family (detached, semi attached, attached), PUD (detached, attached), and Warrantable Condominiums (detached, attached). Occupancy allows 1-4 unit primary residence (First Time Homebuyer is limited to a primary residence), 1 unit second home, and 1 unit investment.
    • The minimum loan amount is the conforming limit +$1. 
    • Jumbo lenders set their own lending guidelines. In order to get the lowest rate possible, borrowers should put as much as a down payment as possible.

  • High Balance Conventional Loan

    Ask about our High Balance Conventional program that has:

    • Loan amount of up to $679,650
    • Eligible for primary and second homes
    • More competitive rates, easier guidelines, and fewer documents than Jumbo Loans
    • Faster turn times
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