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  • Jumbo Loans

    luxury_homeWhat is a Jumbo Loan?

    A Jumbo loan is any loan that exceeds $453,100 for single family homes and condos throughout Florida (Monroe County $529,000) A jumbo loan typically will require a lower debt-to-income ratio, a higher credit score and a relatively large minimum 10% down payment compared to a 3% minimum down payment for conforming/conventional loans. Call today to discuss your options, and we will review the requirements with you and see if this type of loan is right for you.

    We specialize in offer 30/15 year fixed rate and ARM Jumbo Loans along with conforming/conventional loans piggybacked with a second mortgage or HELOC so as to avoid the more restrictive Jumbo guidelines and/or possible mortgage insurance premiumsContact us if you are considering a Jumbo Loan for your home purchase mortgage.