Jumbo Loans

Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits of $453,100. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction houses. Typically Jumbo Loans require a higher down payment than traditional loans.

Our Elite Jumbo Program with 720+ score with a maximum loan amount up to $1,000,000 with only 10% down qualifies for this conventional loan program with no mortgage insurance. This program is exclusive till until 12/31/2018 or further notice.

The Jumbo Loan Program is available with a 680+ score and a maximum loan amount of $679,750. A purchase price of $755,000 with only 10% down can qualify for everyday conventional rates with no mortgage. Subject to qualifying conditions.

 

Although my main office is located in Miami, I can service the entire state of Florida, including Miami, Broward & Palm Beach County. I mainly work from my personal office in Boca Raton. Please contact me at (561)-808-5535 or mgorlano@bestbeach.net if you have any questions about any of the other programs I can offer.