Big dreams mean big loans, and a Jumbo Loan can get you there.
When the home of your dreams is in an extremely desirable higher priced Sacramento, CA real estate market, or your growing family demands a larger home, one of our Jumbo loans may be right for you.
Jumbo loans are also considered non-conforming loans because they exceed the conforming loan limit of $417,000 to $484,450. Some counties may vary in conforming loan limits, we will help you decide if your loan amount fits into the limits, or if a Jumbo loan is the right option for you.
What You Need to Know
- Jumbo loans are available in a variety of fixed and adjustable rate terms
- Jumbo Loans tend to have higher down payment and cash reserve requirements
- For loans above the conforming loan limit up to $3 million
We can help you determine if your loan amount falls outside of the conforming limits. While piggyback second mortgages and larger down payments could bring your loan amount down to conforming limits, you may choose to utilize a Jumbo loan instead. We will help you understand your options so you can decide if a Jumbo loan will best fit your needs.