Buy that Big Home You Want with a Jumbo Loan
A bigger home needs a bigger loan. When you need a large mortgage, conforming home loans are sometimes not enough. If you’re looking to borrow a home loan that goes above the conventional loan limits, turn to Primary Residential Mortgage, Inc. for jumbo loans.
Jumbo Loan Benefits
Although a jumbo loan typically requires a higher credit score and down payment, it has a couple of advantages. This loan, for starters, does not require you to have private mortgage insurance. You also get to enjoy the flexibility of going for a 15- or 30-year jumbo loan at a fixed or adjustable rate.
Get in touch with us today to learn more about our jumbo loans.
Requirements
| Down Payment | 20% of the final loan amount |
| Terms | 15, 30 years, fixed and ARMs |
| Credit Score | 700 minimum |
| Mortgage Insurance | No |
| Maximum Loan Amount | $2.5 million |