If your dream house requires a loan amount higher than a conforming loan (typically $417,000), Mayo Mortgage will work with you to find the best options for financing. We offer Fixed Rate and Adjustable Rate Mortgage options.
- Fixed Rate Jumbo Mortgage with 15, 20, or 30 year terms
- Adjustable Rate Jumbo Mortgage with 3, 5, 7, or 10 year terms
Jumbo Loan Requirements
- Must be a loans above conventional conforming loan limits
Minimum FICO of 680
Up to DTI 45/45
Steps to Jumbo
Before you start the Jumbo loan process, be prepared to provide some information to one of our loan officers.
- Social Security numbers
- Gross monthly salary
- Banking and financial information
- Tax returns