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Jumbo Loans

Fast & Easy Jumbo Rate Quotes

At Southern Home Team, we work hard to offer the best possible Jumbo Loan rates in the business.
Jumbo Loan

Jumbo Loans by Southern Home Team

A Jumbo Loan is one that is bigger than the Fannie Mae and Freddie Mac limits. This is the type of loan you need if you’re planning on purchasing a larger, more expensive home. As of 2022, the limit is $647,200 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $970,800. Because Jumbo Loans have higher risks and require higher interest rates and payments, take advantage of our easy quote process.

Obviously, if you want to purchase a home that is more expensive than the limit, you’ll need to get a Jumbo Loan. Of course, a Jumbo Loan does generally come with a higher interest rate because there is greater risk on the part of the lender, so every penny you can save will be important.

At Southern Home Team, we work hard to offer the best possible Jumbo Loan rates in the business.

Understanding your options is important

If the home you’re looking to purchase requires a Jumbo Loan, it’s extremely important that you weigh every option you have so you don’t end up paying too much.

One of the benefits of applying for a Jumbo Loan with us is the fact that we’ll give you multiple offers, which allows you to compare them all and choose the best one.

What are the specifics of Jumbo Loans?

  • If the price of the home is higher than the Fannie and Freddie limits, this is the loan you need
  • Generally, have slightly higher interest rates than conventional loans
  • Generally, have stricter lending guidelines
  • For luxury properties
  • Not secured by Fannie Mae or Freddie Mac

Need more info on how to purchase?

Fill out the form below and one of our Loan Originators will reach out to you with your best options.


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