Jumbo Mortgage
A jumbo mortgage is a mortgage loan in an amount above conventional conforming loan limits.
The conventional standard is set by the two government-sponsored enterprises Fannie Mae and Freddie Mac. When FNMA and FHLMC limits don’t cover the full loan amount, the loan is referred to as a “jumbo mortgage”.
For more information read the overview or schedule a free mortgage consultation below.
Overview
Since jumbo loans are bought and sold on a much smaller scale, they often have a slightly higher interest rate than conforming loans do, even though the spread between the two will change with the economy.
If you are looking for a jumbo loan and need more information or advice, call an Allrate Advisor at 800-818-2946 to take advantage of the most competitive jumbo rates available.
Is Refinancing Worth The Price?
Complete an ol-line application or all our friendly Allrate Advisors at 800-818-2946 to find out if refinancing is worth the price. Our Advisors can run all the numbers you’ll need to know and answer your questions so you can easily compare your options.
What Are The Fees?
Fees are based on the type of transaction, loan amount and the credit risk. To receive a Good Faith Estimate call us at 800-818-2946 or complete an on-line application.
What is the Process?
Our process is easy. Call us at 800-818-2946 or complete our on-line mortgage application, we’ll send you a list of the documents we’ll need to complete your pre-approval and get you closed fast.
Let us help you find the right mortgage for your next real estate deal!
What You Get
When you apply for a mortgage with Allrate Funding we do our best to provide you with competitive rates, a fast approval and great service. We can also provide you with the best information available to help you get to where you want to go, based on your situation.
Competitive Mortgage Rates
Fast Approvals
Great Service
Up-To-Date Mortgage Information
Easy On-Line Application
Friendly Advisors
30 Years In Mortgages
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