High-Value Financing: Specifically designed for purchasing or refinancing luxury or high-priced investment properties that exceed conforming loan limits set by Fannie Mae and Freddie Mac.
Larger Loan Amounts: Provides financing for investment properties that require loan amounts above standard limits, ideal for large or multi-unit properties.
Competitive Interest Rates: Offers competitive rates, though generally higher than conforming loans, due to the larger loan size and increased risk.
Higher Down Payment Requirements: Typically requires a down payment of 20-30%, reflecting the higher loan amounts and risk involved in high-value properties.
Strong Credit and Income Needed: Requires a higher credit score and significant financial documentation to qualify, ensuring the borrower can handle a larger loan.
Flexible Loan Terms: Available in fixed-rate and adjustable-rate options, with customizable terms to suit your investment strategy.
No Private Mortgage Insurance (PMI): PMI is not required for Jumbo Loans, regardless of down payment size, reducing your monthly expenses.
Ideal for Real Estate Investors: Suitable for experienced investors looking to grow their portfolio with high-value properties or multi-unit investments.
