Jumbo Loans FAQ
Answering some of our most asked questions. Didn’t answer your question? You can always email or call us. We are happy to answer!
What loan amount is considered a Jumbo Loan?
A loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac—currently$647,200for a single-family home.
What is the minimum credit score for a Jumbo Loan?
620 minimum-with Jumbo loans the higher the score the more and better options you will see available.
What is the minimum downpayment for a Jumbo Loan?
Up to as little as 10% down.
