Larger Loans That Go Beyond A Conventional Mortgages
Jumbo loans are home loans in excess of $510,000 that require higher-end financing options that largely depend upon your specific needs.
A jumbo home loan is an option available to homebuyers who desire to purchase a home in excess of the government-sponsored home loan limits. These loans exceed $510,000 and often incur slightly higher interest rates. However, a larger down payment can lower the interest rate of the loan and make it competitive with traditional financing options. Each jumbo home loan is unique and requires a steady hand to find the best possible rate.
Range Lending is a Wayne county, Oakland county, and Macomb county Michigan mortgage broker ready to help you navigate the jumbo home loan process. Our mortgage brokers stand ready to determine the best jumbo home loan solution available to you. We invite you to give us a call or click the button below to begin the jumbo mortgage process.