Jumbo Mortgages “AA-Jumbo"

A Jumbo Loan may be a great option for you if:

  • You can afford a more expensive primary or second home and higher monthly payments; and 
  • You want a 15-year or 30-year fixed rate.

Jumbo Mortgage benefits and features:

  • Loan amounts: For conforming Conventional Loans above $548,250 and for high-cost area Conventional Loans above $822,375 and up to $1.5 million.
  • Down payment: Minimum is 10%. No mortgage insurance is required with 20% down.
  • Credit score: Minimum is 700.
  • Shorter turn times: Academy Jumbos don’t have the long turn times of big banks.
  • Other requirements and conditions apply.


A Game-Changer New Jumbo Loan Product

Academy Mortgage now offers a Jumbo Loan product with just a 10% down payment, in-house underwriting for quick closing times, and no mortgage insurance required. Also available as a cash-out refinance, this loan solution can make your BIG DREAM of a larger home a reality!

Benefits and features:

  • 10% down payment. 
  • No mortgage insurance! 
  • In-house underwriting for quick closing times. 
  • Non-occupant owners and second homes allowed.
  • Available in all states, including Hawaii. 
  • Available for cash-out refi, excluding Texas. 
  • Competitive pricing, including conforming high-balance product offering. 
  • Additional conditions, qualifications, and restrictions may apply.
See sample scenarios here

CALL YOUR ACADEMY MORTGAGE LOAN OFFICER today for more information about Jumbo Mortgages.