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Judith Fallon
410-268-3404 (Mobile)
800-552-8990 (Toll Free)
410-224-0600 (Office)
410-268-3404 (Home)
JudithFallon
@mris.com

Annapolis - Bestgate Rd.
711 Bestgate Rd.
Annapolis,, Md 21401
410-224-0600

 

Jumbo Loans

Interested in leveraging your assets more effectively?

Jumbo Loans offer:

  • Larger loan amounts to purchase more expensive homes
  • Loan amounts as high as $1 million and down payments as low as 5%

Jumbo Loans facilitate high-end purchases of:

  • Primary residences
  • Second or vacation homes
  • Investment properties

Best for people who:

  • Want to finance larger and/or more expensive properties and can handle larger monthly payments
  • Investment-minded buyers who want to leverage their assets more effectively

A Jumbo loan is called a non-conforming loan because it does not conform to the loan limits set by Fannie Mae (The Federal National Mortgage Association or FNMA) or Freddie Mac (The Federal Home Loan Mortgage Corp. or FHMLC). Jumbo financing options include fixed-rate and adjustable-rate mortgages, with a range of terms to accommodate immediate and long-range financial plans.

A bigger mortgage doesn't have to mean a bigger payment. Our unique Blended Jumbo program offers high-dollar loan amounts at effective interest rates lower than comparable "non-conforming" loans. Blended Jumbo loans make it easier for borrowers to reduce the long-term cost of their mortgage.

To get more information on our Blended Jumbo program, or the many other programs available to jumbo borrowers,
contact us now.