Looking for a Jumbo Loan?
Jumbo mortgages are generally used to finance high-value or luxury properties, as well as homes in highly competitive local real estate markets. A jumbo loan may be right for borrowers with a:
- Loan value that exceeds $715,000
- Low debt-to-income ratio
- Higher credit score
Apply Now to get free advice from a licensed mortgage advisor who will guide you through a jumbo loan.
Apply NowHow to Get a Home Loan
3 Steps to Getting a Jumbo Mortgage
Get Pre-Qualified
The most important step to getting a jumbo loan is to get pre-qualified to know how much money you can afford to borrow. Getting pre-qualified by a lender is quick and you will need to provide information such as your income, assets, and liabilities.
Get Pre-Approved
Getting a pre-approval will help strengthen any offer you make on a high-valued home or luxury property. A lender will check your credit, verify your financial and employment information, and confirm that you qualify for a jumbo loan.
Clear To Close
The last step in getting a jumbo mortgage happens when an underwriter has approved your loan. This means you met the conditions that were required for the jumbo loan to be approved. A lender will then confirm your closing date so that you can take ownership of your new home.
Ready to Get Started?
Approved Mortgage is here to help make the mortgage refinance process stress free and hassle free by shopping for the best rates and finding the right program for you.
Ready to Get Started?
Approved Mortgage is here to help make the mortgage refinance process stress free and hassle free by shopping for the best rates and finding the right program for you.
About us.
Approved Mortgage has helped thousands of homeowners improve their credit scores and obtain approvals when they didn't think possible. We’ve simplified the process of shopping for a mortgage and finding the best home loan option for your needs. Our Mortgage Advisors are ready to help guide you along the way.
