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Mortgage Center

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Break Conventional Limits With a Jumbo Loan

Getting a higher-priced home is easy with Mortgage Center. Our Golden Jumbo Loan gives you the financial help you need for homes with loan limits that exceed conventional loans. This means you can take advantage of our low rates and fees to save extra money on your new home.

Plus, Golden Jumbo may give you the opportunity to avoid the extra cost of mortgage insurance so you can save even more.

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Apply for a Golden Jumbo Loan today!

Getting started is easy! Our online application streamlines the process from start to finish. Submit documents and get updates on the status of your loan, all without leaving the comfort of your own home. Prefer to apply over the phone? Give us a call at 888-429-6908.

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What Is a Jumbo Loan?

Are you looking to buy a home with an above-average price tag? Mortgage Center simplifies getting the right financial help with our Golden Jumbo Loan. The conforming home loan limit varies across the United States, and this loan is an excellent option for homes that exceed it.

Jumbo loans often have stricter credit requirements and require an extensive review of your finances. However, if you plan to buy a luxury home, one with more amenities, or a house in a higher-cost area, a jumbo loan is the way to go.

 

Benefits of a Jumbo Loan

Jumbo loans from Mortgage Center offer several benefits, including:

  • Financing higher-priced homes: You can use our Golden Jumbo Loan to finance a home that exceeds home loan limits set by Fannie Mae and Freddie Mac.
  • Getting low interest rates and fees: At Mortgage Center, we offer some of the lowest rates and fees for jumbo loans you can find.
  • Avoiding mortgage insurance: With a jumbo loan, a larger down payment may let you avoid paying for mortgage insurance.

 

Who Qualifies for a Jumbo Loan?

These loans often come with more stringent regulations than other types. Jumbo purchase loan requirements include:

  • High credit score: Most lenders need a credit score of 720 or higher for a jumbo loan, though they can go as low as 660 in some cases.
  • Increased down payments: Jumbo purchase loans often require a down payment of at least 20%-30%. Any down payment above 20% means you do not need private mortgage insurance (PMI).
  • Necessary assets: Many lenders will require an applicant to have access to savings or liquid assets that can cover up to one year of loan payments.
  • Multiple appraisals: You will need a standard property appraisal and a second opinion to confirm your property's market value.

 

Why Choose Mortgage Center?

When you need a jumbo loan, Mortgage Center can help. We offer exclusive loan products that help us provide high-quality services at lower rates than other lenders. We also service the mortgage for the life of the loan.

Our team has served the local community of mortgage borrowers and credit union members since 1990. With over 100 mortgage experts on staff, Mortgage Center is prepared to help you with a jumbo loan.

Additional benefits of working with us include:

  • Top-of-the-line service: We aim to provide high-quality service and a memorable experience for any borrower or partner.
  • Direct communication: Our team speaks honestly and kindly to our borrowers, putting these values at the center of all our interactions.
  • Community give-back: Mortgage Center cares about the community we serve and is happy to support team members who want to volunteer for local causes.

At Mortgage Center, we value your trust in us, and we'll do everything we can to help you get a jumbo loan that works for you.

 

Apply for a Jumbo Loan Today

The Mortgage Center team can't wait to help you finance your dream home. Our knowledgeable staff will help you determine your loan eligibility and walk you through the application process. Please contact us for more information or apply for a jumbo loan online.

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Construction

Perfect if you’re looking to have your home built.

PMI Saver

Buy the house you want and avoid the extra cost of mortgage insurance.

Home Renovation Loan

Allows you to combine home improvements with your purchase so you don't need to take out two loans.

Conventional

Our conventional mortgage options all come with our low rates and exceptional service.