Jumbo Loans

Think BIG with a Jumbo Loan

A jumbo loan, or non-conforming mortgage, allows you to purchase more expensive homes with a loan amount above the conforming limit set by the Federal Housing Finance Agency. In most areas of the country, the conventional conforming loan limit is $424,100; however, the limit is $625,500 in higher cost areas.

Jumbo Loan Highlights

If you have a low debt-to-income (DTI) ratio and a higher credit score, but you don’t have enough funds to bring the loan amount under the conforming limit, a jumbo loan might be the right option for you. Highlights of non-conforming loans include:

  • Finance a home over the maximum loan amount established by the Federal Housing Finance Agency

  • Higher purchase limits allow borrower to purchase more house

  • Convenience of one loan for the entire loan amount

  • Primary residence, second home or investment property

  • Fixed-rate or adjustable-rate mortgages (ARM)

Contact Us Today!

Complaints may be directed to:

 

(877) 699-0353 or

Email us: customerservice@fairwaymc.com

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Licensed by the Department of Business Oversight under the California Finance Lenders Law. Loans made or arranged pursuant to a California Finance Lenders Law License.  FIMC NMLS #2289

CA License #CA-DBO391030

Licensed Nevada Mortgage Lender NMLS #391030

NV License #58444

Licensed Colorado Mortgage Lender NMLS #391030

CO License #100039732

Matthew Stephen McClellan

Branch Manager

MMcClellan@FairwayMC.com

C: 303-551-5889

O: 702-854-1835

12231 S Eastern Ave Ste 130

Henderson, NV  89052

8480 E Orchard Rd, Suite 2100

Greenwood Village, CO 80111

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