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Loan Amount up to $5,000,000
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Starting Rate 3.050%, APR 3.026%
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Zero Closing Costs Refinance available
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Purchase, Refinance or Cash Out
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No W2, Tax Return up to $729,750 (VOE Only)
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JUMBO Loans up to $5M, Rates Starting 3.050%, APR 3.026%
We are the leader in Jumbo mortgages. Use our Jumbo Mortgage programs to refinance your current loan, get Cash Out or Purchase your dream home. We offer:
- Conforming Jumbo or High Balance Conforming loans from $417,000 up to $729,750
- Super Jumbo loans up to $5M
- FHA Jumbo loans - Only 3.5% down payment on loans up to $729,750, limits vary by county.
You can choose between our low rate 30-Year or 15-Year Fixed or even lower rates 5/1, 7/1 or 10/1 ARM Jumbo Mortgages. Additionally we offer Interest Only on all our Jumbo loans.
Our promise; best jumbo programs, best rates and best customer service!
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Jumbo loans highlights 
- Loan amount $729,750 up to $5,000,000
- 30-Year Fixed, 5-Year and 3-Year ARM
- Owner Occupied
- 2nd Homes
- Investment properties
Starting Rates
- 3.050% for ARM programs
- 5.50% on 30-Year Fixed
LTV
- 80% Owner Ocupied
- 70% 2nd Home
- 65% Investment Property
Definition of Jumbo Mortgage
Many people ask “What is a Jumbo loan?” or “What is the limit on a Jumbo Mortgage?” A jumbo mortgage or a Super Jumbo Loan is a mortgage with a loan amount greater than the conventional conforming loan limits. Generally the loan amounts fall into three categories:
- Conforming Loans - Loan amounts up to $417,000 for most of the US including California. The limit for Alaska, Hawaii is $625,500.
- Conforming Jumbo – These loans are also called Agency Jumbo, Mini Jumbo, High Balance Conforming, Super Conforming loans. Loan amount for these loans is above the Conforming level of $417,000(California) and up to $729,750. The upper limit of the Conforming Jumbo loans is divided into two categories of Permanent High Cost which is $625,500 or Temporary High Cost which is $729,750.
- Jumbo Loans – Also called Non-Conforming, Nonconforming, Super Jumbo loans, Jumbo Mortgage. These loans are above $729,750 loan amounts.
The above standard is set by the two government-sponsored agencies Fannie Mae and Freddie Mac. Fannie Mae (FNMA) and Freddie Mac (FHLMC) are large agencies that purchase the bulk of U.S. residential Conforming Mortgages from banks and other lenders. Jumbo loans or Super Jumbo Loans are not purchased by Fannie Mae and Freddie Mac thus higher risk for the bank and lenders. As a result the average interest rates on Jumbo Mortgages are typically higher than for conforming mortgages.
The qualification for a Jumbo financing is not that different from a Conforming loan. Generally the Debt-to-Income ratio for Jumbo loan is less than 45% and in some cases for Super Jumbo Loans the DTI is less than 40%. To qualify for the mortgage the borrower should document income and assets.
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