Jumbo Loans are considered non-conforming loans, because the loan size exceeds what is generally considered conforming loan values. Today, a typical Jumbo Loan is one which exceeds the conforming loan limits of $417,000.

Jumbo Loans have different rates and different loan to value requirements when underwriting. These rates and LTV (loan to value) will vary based on loan size.

Assets and credit seem to rule when it comes to qualifying for a Jumbo Loan, yet there are many other variables. 

Jumbo loans are available for both purchase and refinance. 

To see if you qualify for a Jumbo Loan, Click Here or call one our family mortgage professionals, 302-266-9500 or toll free 877-266-9500