Jumbo Loans

A loan that exceeds the conventional conforming and high-balance loan limits as determined by Fannie Mae (FNMA) and Freddie Mac (FHLMC) is a jumbo loan. As home prices continue to rise in Californina, jumbo loans are increasingly important as they provide affordable financing options for higher priced homes.

Jumbo Guidelines:

• Loans may be used for primary residences, second home and investment properties
• Rates may be fixed or adjustable 
• As little as 10% down
• No private mortgage insurance (PMI) regardless of down payment
• Minimum credit score varies depending on down payment

Have a question about jumbo loans? Call us at (707) 290-5167. We are here to help!