Call or Text Vito Today
(630) 327-8553
Call or Text Vito Today
(630) 327-8553
Call or Text Vito Today (630) 327-8553
A jumbo loan is a loan that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. As of 2022, the limit is $647,200 for most of the U.S., apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $970,800. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.
We are here to make the jumbo home loan process easier with tools and knowledge that will help guide you along the way, starting with our Jumbo Loan Qualifier.
We'll help you clearly see the differences between loan programs, allowing you to choose the right one for you, whether you're a first-time home buyer or a repeat buyer.
The Jumbo Loan Process
Here's how our home loan process works:
There are many benefits to jumbo loans. One of the biggest benefits is that financing options are available up to $3,000,000. This may provide convenience to many borrowers.
Fixed-Rate Mortgage
Adjustable-Rate Mortgage (ARM)
Reduced Lender Fees
Jumbo & Super Jumbo Loans
Terms from 5 to 30 Years
Contact Me
Fairway Independent Mortgage Corporation
NMLS Entity ID #2289
Vito Roppo
Producing Branch Manager
NMLS #543270
261 N York Road, Suite 201
Elmhurst, IL 60126
Phone: (630) 327-8553
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