What is a Jumbo Loan?
A jumbo loan is for those age 62 or older who own a property that’s valued at $1 million or more. These homeowners can now access more of their home equity. That could help you fund a more comfortable and secure retirement while keeping productive assets invested under your management. We offer a competitive fixed interest rate that’s lower than you might expect. Some additional features are:
- Loan limits of up to $2.25 million—significantly higher than a HECM allows
- No mortgage insurance premium
- No initial disbursement limitation—they take the full amount at closing
- Condominiums appraised at $500,000 or more do not require FHA approval
Contact us toll-free at 855-750-0879 or email firstname.lastname@example.org now to learn more and see if you qualify today!