Jumbo Loans
Looking to purchase a high-value property? Jumbo loans exceed conventional loan limits. Plus, they offer flexible financing for high-net individuals, competitive rates, and customized solutions tailored to your specific requirements.
Big Dreams Deserve Jumbo Loans.
Why Go Jumbo?
When conventional lending falls short, jumbo loans step in. Ideal for high-net individuals with big goals, these loans offer the financial power and flexibility needed to secure luxury properties.
Is a Jumbo Loan Right For You?
Jumbo loans cater to a diverse range of borrowers. However, they’re ideal for those who:
Jumbo Loan Benefits
Jumbo Mortgage Requirements
Wondering if jumbo loans are right for you? Explore our eligibility requirements:
- Credit Score: To secure a jumbo loan, aim for a credit score of 680 or higher. This helps us assess your creditworthiness.
- Down Payment: Plan for a down payment, typically ranging from 10% to 30%. This offers you flexibility based on your financial situation.
- Documentation: It's important to have sufficient cash reserves, covering 6 to 18 months of mortgage payments.
- Cash Reserves: May require enough cash reserves to handle 6-18 months of mortgage payments.
- Appraisals: We may request a second appraisal to ensure the accurate valuation of the property. This step adds an extra layer of assurance to our lending process.
Jumbo Mortgage Applications: Our Process
Wondering what to expect when you apply? It all begins with a straightforward application, where we collect details about your income, employment history, and existing debts. Next, we assess this information to evaluate your financial stability and creditworthiness. From here, you’ll be asked to provide additional documentation, such as pay stubs and tax returns.
Rest assured, we're here to assist you at every step, keeping everything seamless, transparent, and stress-free.
Master Your Mortgage: Jumbo Mortgage Calculators
In addition to jump-starting jumbo mortgage applications with our checklist, you can take another step forward by using our free mortgage payment calculator. This user-friendly tool considers your loan amount, interest rate, and loan term, making it easier to plan your finances and make informed decisions for your home purchase.
Our Team
Meet the dedicated professionals who will guide you to the doorstep of your dream home. Our team seamlessly blends industry knowledge with personalized customer service to ensure a smooth and supportive homebuying experience. With us, you are more than just a client—you're a valued family member.
Here’s Why We Do What We Do
I had a great overall experience with Eagle Home Financial. They were extremely knowledgeable and made the entire mortgage process very quick and easy. Any large purchase can be overwhelming but they were there to promptly answer any and all questions. I would highly recommend Eagle Home to any friends or family.
Why Work With Us?
Fast Closing
Complete your mortgage process in as little as three weeks for a faster home-buying experience.
Expertise at Every Step
Receive personalized advice from experienced mortgage experts who understand your needs and treat you like family.
Competitive Rates
Gain access to the most competitive rates in the market while lowering your long-term mortgage expenses.
Explore Our Resources
Looking for simple answers about the mortgage process? Our resources will help. Covering everything from applications to credit requirements, closing costs, and rates, you’ll find clear, easy-to-understand answers to common mortgage questions here.
More Loan Programs
Conventional
Secure your dream home with a conventional loan, offering stability and competitive rates—perfect for traditional homebuyers.
FHA
Start your homeownership journey with lower credit score requirements, low down payments, more forgiving guidelines for bankruptcy, and flexible credit requirements.
VA
VA loans honor veterans with exclusive benefits, including 100% financing, faster closing times, no private mortgage insurance, and lower interest rates.
USDA
No downpayment? No problem. USDA loans offer zero down payment options, lower interest rates, and reduced mortgage insurance for rural buyers.
