Efinity Mortgage

Jumbo (Non-Agency) Loans

The conforming loan limit set by the National Housing Finance Agency is $417,000. Anything larger is considered a jumbo loan. Loan limits are based on a county-by-county basis, so depending on where you live; you could qualify for a lower rate on your jumbo loan. Call 888.638.5030 and ask to speak with a Licensed Financial Professional to see if your jumbo loan qualifies for a lower rate!

Jumbo loans are much more flexible than most people think. Here’s how a jumbo loan can help you afford your home in that high-cost area:

• Depending on where you live, you could refinance your jumbo loan with less than 80% equity. Some jumbo loans allow up to 97.75% financing. Since it varies by county, call a Home Loan Expert at 888.638.5030 to find out what kind of jumbo loan you qualify for.
• Did you know that FHA loans are available as a jumbo? Depending on your location, you could put as little as 3.5% down with your jumbo loan.
• Jumbo loans have a low fixed-rate, which means your payment and rate will never change over the life of your loan.
• Applying for a jumbo loan doesn’t take months of processing. Our exclusive and fast online process speeds through jumbo loans. You can be approved and close in just weeks! We make it easy for you to afford the dream home you want or to refinance to a lower rate.
• Not bad for a first-timer! Now first-time home buyers can get a tax credit up to $8,000! “First-time home buyers” include anyone who hasn’t owned a home in the past three years. Talk tone of Licensed Financial Professional’s to find out more.

Jumbo loans typically require a more hands on approach as the needs of the client are at times more complicated. Efinity Mortgage understands and has the knowledge base to assist in making the proper decisions.

Contact us for a mutual interview to discuss your unique situation.