JUMBO LOANS

Jumbo Loans
More expensive homes often require special loans. We can provide the financing you need to make your big move.

Maybe you have a lot of kids. Maybe you’re moving to a nicer neighborhood. At Supreme Lending, we know there are many reasons why you might need a bigger loan for a more expensive home.

A Jumbo Loan is often called a non-conforming loan, because it exceeds the dollar limits set by two government-sponsored enterprises – the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). A Supreme Lending Mortgage Professional will explain all the details and help you find a loan option that’s a perfect fit for your new home

  • In most U.S. counties, a Jumbo Loan is any mortgage over $647,200 
  • In higher cost areas, Jumbo Loans start at $647,200
  • These loans enable buyers to purchase “more house,” such as luxury properties or vacation homes, without tapping into savings
  • Fixed-rate and adjustable-rate loans available
  • Usually require down payments of 20%
  • Refinancing options available
  • Personalized service from knowledgeable Mortgage Professional

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