A Jumbo loan is a mortgage with a loan amount that exceeds conventional conforming loan limits. The loan limit is set by Fannie Mae and Freddie Mac. The limit in NC is $417,000. Jumbo loans typically hold a higher interest rate because they are not backed by Fannie Mae or Freddie Mac.
What Can We Offer For Jumbo Loans?
- Up to $2 million loan amounts - Loans for purchases and refinances - First and second homes are eligible - 90% LTV with no PMI - 80% LTV up to $2 million loans
We have several investors that offer multiple loan programs and the most competitive interest rates. This enables our team to give you the most competitive rate in the market.