Sunday, 18 September 2016

Mortgage Questions Answered: What is a Jumbo Loan?

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(805) 405-4299 http://www.johngardella.com


Jumbo financing seems to be really popular these days as property values appreciate. I’ve been doing a lot more jumbo loans lately, so I wanted to share some guidelines for jumbo financing.


At Skyline Home Loans, we can do jumbo loan financing at 85% loan-to-value, 15% down, up to $3 million. We underwrite in house and we’ll take care of everything for you. In Los Angeles County, a jumbo loan is anything above $625,000 and in Ventura County it is $603,750.


One of our most popular jumbo programs is a loan of up to $1.5 million with only 10.1% down and with no private mortgage insurance. It’s clear that jumbo financing is making a comeback, and right now, jumbo rates are incredibly low.


So give me a call if you’re looking for a jumbo loan to purchase a home or to refinance (805) 405-4299 or check out my website http://www.johngardella.com.

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Mortgage Questions Answered: What is a Jumbo Loan?

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