Fixed Loans

Jumbo loans can be used for home purchase, Rate & Term refinance and Cash-out refinance transactions. 30 years fixed term and Full Doc only. Unlike a standard conforming loan, a jumbo loan is a non-conforming loan. This means it’s not eligible for purchase by Fannie Mae or Freddie Mac because the loan amount — sometimes millions of dollars — is above the maximum Conforming loan limit. Jumbo loan amounts must be $1 or more over the Conforming loan limit for the area. Our Jumbo loans are available to U.S. Citizens, Permanent Residents, and Non-Permanent Resident Aliens (ITIN). Mortgage Insurance is required when the LTV is over 80%.