Jumbo Loans
Jumbo Loans are Available!
About Jumbo Home Loans
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2019, the conforming loan limit is $484,350 for most of the United States, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $726,525. Rates may be a bit higher on jumbo loans because lenders generally have a higher risk.
We’re here to make the jumbo home loan process easier, with tools and knowledge that will help guide you along the way, starting with our Jumbo Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you – whether you’re a first-time home buyer or a repeat buyer.
Why a Jumbo Loan?
There are many benefits to jumbo loans. One of the biggest benefits is that financing options are available up to $3,000,000. This may provide convenience to many borrowers.
- Fixed-Rate Mortgage
- Adjustable-Rate Mortgage (ARM)
- Reduced Lender Fees
- Jumbo & Super Jumbo Loans
- Terms from 5 to 30 Years
The Jumbo Loan Process
Here’s how our home loan process works:
Complete our simple Jumbo Loan Qualifier
Receive options based on your unique criteria and scenario
Compare mortgage interest rates and terms
Choose the offer that best fits your needs
Copyright©2019 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-877-699-0353. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Lender.