Our loan officers are experts in originating jumbo loans and will work closely with you to ensure the process is smooth and stress free.
A jumbo loan is one where the loan amount is over the conventional limit. Because such a large amount is being borrowed lenders often charge slightly higher interest rates for these loans. That conventional loan limit varies based on your location and is higher in areas of the country with higher housing prices.
In 2020 the conventional loan limit for a one-unit property is*:
*Limits can change for multi-family properties.
Your 1st State Veteran Mortgage Consultant can help you determine whether your property is in a high-cost area.
At 1st State Veteran Mortgage we have both fixed rate and adjustable rate jumbo mortgage financing available. Give us a call today to learn what today's low jumbo mortgage rates are, and to get the process started. We can be reached at 1-833-838-7178, or if you prefer APPLY HERE ONLINE.
Growing up in a military family, I learned the values of selfless service, honor, respect and loyalty.
I carry those values into my job and passion today: Helping fellow military men and women get into homes.
My first mortgage was a VA mortgage and since retiring from the Army in ’91, I’ve helped put thousands of veterans in homes through the VA Mortgage Program.
Let our veteran help you today!
Thanks for your service, Jon!
-The team at 1st State Veteran Mortgage