Jumbo Loans

Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes, and usually require a higher down payment than traditional loans.

Eligible Terms

15 Year and 30 Year Fully Amortizing Fixed

ELIGIBLE PROPERTY TYPES

  • 1-4 Unit Primary Residences
  • 1 Unit Second Homes
  • Low/Mid/High-Rise Condominiums, Fannie Mae Warrantable
  • PUDs
  • Properties with ≤ 20 acres
  • ELIGIBLE TRANSACTION TYPES

  • Purchase
  • Rate and Term Refinance
  • Cash Out Refinance
  • Delayed Purchase Refinance
  • MINIMUM LOAN AMOUNT

    $417,001
    **Vision Mortgage can accommodate Jumbo Loans up to $3 Million