Jumbo Loans
Overview, Pros, and Cons
Jumbo Loans
Overview
Pros
Cons
Overview
- Loan amounts from the the conventional –agency/agency jumbo limits to $15 million plus.
- Rates are typically .25% to .5% higher than conventional financing.
Pros
- Loan amounts can go up to $15 million is come cases.
- More room for “make sense” underwriting.
Cons
- Normally stricter underwriting guidelines than Conventional and Agency jumbo loans.
How Can All Shores Help You?
Whether you’re looking to buy a home, refinance or consolidate debt, we will work with you to find the answer that best fits your needs.
