Jumbo Loans in Jacksonville Beach
Why a Jumbo Loan?
There are many benefits to Jumbo loans. One of the largest benefits is that financing options are available up to $2,000,000. This may provide convenience to many borrowers wishing to purchase the home of their dreams.
About Jumbo Home Loans
Jumbo home loans allow financing for loan amounts that exceed the Conventional maximum loan limits. Jumbo home loans do call for stricter requirements than Conventional loans but still follow a similar process. You will generally need a 10%-20% down payment. Jumbo Loan offerings include a fixed-rate as well as adjustable rates.
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.
The Jumbo Home Loan Process
Here’s how our home loan process works:
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- 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
Jumbo Home Loans…
- Offer higher but flexible rates and terms
- Have no pre-payment penalties (ARM)
- Need a 20% Down Payment
- Can add extra features (interest-only payments or temporary buy-downs)
- Provide the convenience of one loan for entire amount
