Jumbo Loans in Florida

What is a jumbo mortgage loan?

Up to 90% financing!

Are you looking for a Jumbo Mortgage lender in Florida? There has never been a better time than right now to take advantage of this program.

We specialize in helping home buyers who need financing for higher jumbo loan amounts.

What is a jumbo mortgage?

A jumbo mortgage loan in most counties is any loan that is greater than $484,350.

Are home loan rates higher on jumbo mortgages?

Not necessarily! Call us and we will provide a customized quote for your home loan as rates can vary according to your scenario and what the market is doing.

What are the qualifying guidelines for a jumbo home loan?

First, you must have good credit. Most lenders have a minimum credit score of 680, and for higher loan amounts, or higher loan-to-value ratios, your score must be above 700.

If you plan to obtain a 2nd mortgage, or HELOC, that loan must also be counted in the loan-to-value ratio. Debt-to-income are generally capped at 43e%.

You must be able to prove your income through tax returns, or W2s, or both.

What kind of mortgages can you get with a Jumbo home loan?

Fixed rate, 10, 15, 20 or 30 year terms available. With less than 20% down; however, you will pay monthly mortgage insurance, but there is NOT an add on for a jumbo loan.

We are also happy to help you with your jumbo mortgage refinances tool!  Call us in the office at 904-514-6969 today. We will respond quickly and will give you honest answers to your Jumbo Mortgage questions.