The new revised Jumbo loan limits will depend on the buyers down payment & loan to value. Borrowers can read the latest mortgage limits below.
90% Jumbo Loan Limits: $3,000,000 for single-family homes, eligible condos & townhomes with 10% down.
95% Jumbo Loan Limits: $2,000,000 for single-family (depending on location) approved condos & townhomes with 5% down.
100% Jumbo Loan Limits: Reserved exclusively for qualified Veterans and Doctors, learn more on the jumbo purchase page.
Loan terms available include a standard 30-year fix rate, and 15-year, along with a variety of adjustable rate options. All fully amortized with principal and interest. Interest rates depend on a variety of factors like down payment, credit score, total loan amount and term. Borrowers are best served by speaking to a specialist for an accurate rate quote. Please contact us with questions 7 days a week by calling the number above or just submit the Request Contact form.
These limits apply to both purchase and rate-term refinance. Cash out refinance transactions are permitted, but with lower loan limits. Please read the Jumbo page for more information on all qualifying and credit score requirements. The limits apply to home buyers nationwide.
https://www.youtube.com/watch?v=QDPSdLwHrL8&t=4s
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