Jumbo Loans

What is a Jumbo Loan?

A jumbo loan (or jumbo mortgage) is a type of financing where the loan amount is higher than the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Conforming loans are generally sold to Fannie Mae and Freddie Mac, which means that they must adhere to the limits and requirements set by these government-sponsored agencies. In contrast, jumbo loans can be obtained through private lenders and don't have to adhere to these limits. Jumbo loans may be a good option if you need a larger loan than the limit for conforming loans and don't have the cash flow to put down a larger down payment.

Who Can Benefit From a Jumbo Loan?

If you're looking to make a big home purchase by financing more than $647,200*, the jumbo loan program may be the best fit for you.

What About Refinancing?

This is also a great option if you've already made a jumbo purchase and are looking to save money on your home. With low interest rates and cash-out options, now is the great time for you to consider a refinance.


Contact one of our mortgage loan officers to learn more and get pre-qualified today!


Subject to credit approval. Other restrictions may apply. Loan programs may change at any time with or without notice. Not a commitment to lend.
*This is the conforming loan limit for one-unit properties in most of the U.S., but it can be higher in established high-cost areas.