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 $510,400 and for high-cost area Conventional Loans above $765,600 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.
 
See sample scenarios here
 

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