Jumbo Mortgage Loans
Iowa Jumbo mortgages are categorized as loans in excess of $322,700.00
for single-family residences.
Fixed rate loans always vary in price between conforming and jumbo
loan amounts although some adjustable rate mortgages have much higher
limits prior to altering the pricing.
- Available up to 4 million dollars.
- Construction, purchase, refinance or refinance with cash-out
- We are the Alabama luxury home specialists!
Jumbo Mortgage" is a term for loans exceeding $322,700 for
a single family residence. All lenders use this term to define products
offered above and beyond conforming loan limits set by Fannie Mae.
Programs range from "Interest Only" Libor Loans to Fixed
Rate Mortgages. Each product has a unique advantage to the homeowner
so every option should be given the necessary time for analysis.