We offer traditional and non-traditional (non-QM) Jumbo loan options. This type of loan is for home purchases that exceed the conforming limit set by the Federal Housing Finance Agency. Our non-QM Jumbo mortgage products are for homebuyers who do not qualify for traditional financing guidelines.
Jumbo loans are large loans for expensive homes. They are not secured by Freddie Mac or Fannie Mae. In most counties/states, homes over currently $647,200 for a single-family home in all states (except Hawaii and Alaska and a few federally designated high-cost markets, where the limit is $970,800). Non-conforming loan or non-conforming conventional loan is the same as a jumbo loan.