Jumbo Mortgage

Need a loan for more than $417,000?
A Jumbo Loan will likely be your best option.

Jumbo Mortgage

What is a jumbo mortgage?

When mortgages are too large to be purchased or backed by Fannie Mae or Freddie Mac, we call them jumbo loans. These are issued by private lenders and tend to have more stringent underwriting requirements and higher interest rates than normal government-backed loans.

In most cases, any loan amount over the $417,000 conforming limit qualifies you for a jumbo loan. However, in areas where median home prices are already above that number, the limit is higher. At the moment, the maximum high-balance conforming limit is $625,500.

Jumbo loan benefits

Our jumbo mortgage program offers some significant advantages:

Why Total Mortgage?

Mortgages are all we do, and over the years we’ve gotten pretty good at them.

Want to find out if you’re in an area eligible for high-balance loans? Fill out the form on the right or give us a call to learn more.

*For qualified borrowers

We have great Jumbo rates. Get started by filling out our form or calling 203-707-5693

Jumbo loans are the best choice for more expensive purchases. They allow you to:

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Why choose Total Mortgage?