Jumbo Loan Mortgages

Jumbo Loan and Super Jumbo Loans

The Jumbo loan is for borrowers that are looking to finance the purchase of a property that exceeds the $417,000 (In most areas) maximum imposed by Fannie Mae and Freddie Mac. This type of loan is similar to traditional mortgages but due to the increased risk to the lender can be difficult to finance and once a lender is found, usually carry a higher interest rate.

With Pinnacle’s years of experience in assisting established professionals, and Pinnacle Lending Services specialized financing options, you can rest assured that your home financing needs are taken care of.

Benefits of a Jumbo Loan

Is a Jumbo Loan right for me?

If the property you are looking to purchase is over $417,000.00 (In more expensive markets, the minimum amount requirements for a Jumbo loan increase.) then a Jumbo Loan is what you will need to obtain. Examine your finances closely and begin the process of locating a lender only when you are confident the larger repayment schedule will not be overwhelming.

Am I Eligible?