Total Mortgage currently has a wide variety of jumbo mortgages, all of which are available with some of the lowest jumbo mortgage rates. Jumbo mortgages are for loans that are above the conforming limit set by Fannie Mae and Freddie Mac. In most areas the conforming limit is $417,000, but in higher cost areas the conforming limit may be higher. To find out the conforming limit in your area try out our new conforming loan limits calculator.
Total Mortgage is currently offering both 30 year and 15 year fixed jumbo mortgages. A 30 year fixed jumbo mortgage is currently available with a 5.000% mortgage rate and a 5.203% APR. A 15 year fixed jumbo mortgage has a 4.000% rate and 4.349% APR.
There are also multiple jumbo adjustable rate mortgages (ARM) available at Total Mortgage. A 5/1 jumbo ARM is currently being offered with a 3.625% rate and a 3.657% APR. A 1/1 Jumbo ARM, with borrowers paying no points, is available with a 3.350% rate and a 3.957% APR. For mortgages with even higher loan amounts Total Mortgage offers Super Jumbo Mortgages.
| Mortgage Product | Mortgage Rates | APR |
|---|---|---|
| 30 Year Fixed Jumbo Mortgage | 5.000% | 5.203% |
| 15 Year Fixed Jumbo Mortgage | 4.000% | 4.349% |
| 5/1 ARM Jumbo Mortgage | 3.625% | 3.657% |
| 1/1 ARM Jumbo Mortgage (0 points) | 3.350% | 3.957% |
For more information on jumbo mortgages fill out this form and a mortgage expert will be with you shortly, or call 877-868-2503 for immediate assistance.
* All rates shown are for 30 day rate locks. Longer locks available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 2 points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants and are subject to mortgage approval. All rates are subject to change without notice.
*All rates are posted with borrowers paying 2 points unless otherwise noted.
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