JUMBO
Jumbo Loans: Financing for High-Value Homes Made Simple
If you're looking to purchase a luxury property or a home in a high-cost market, a Jumbo Loan may be your best financing option. At Barry Lends, we provide expert guidance and competitive options for qualified borrowers seeking loan amounts above conforming limits—without sacrificing flexibility or personalized service.
What Is a Jumbo Loan?
A Jumbo loan is a mortgage that exceeds the loan limits set by the Federal Housing Finance Agency (FHFA). These loans are not eligible for purchase by Fannie Mae or Freddie Mac and are typically used for homes priced above $766,550 (as of 2024 in most areas)—or higher in designated high-cost regions.
Jumbo Loan Highlights:
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Higher loan limits for luxury and high-value properties
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Fixed or adjustable-rate options
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Primary residences, second homes, and investment properties eligible
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No private mortgage insurance (PMI) required in many cases
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Flexible asset-based and income-based qualification options
Do You Qualify?
A Jumbo loan is a mortgage that exceeds the loan limits set by the Federal Housing Finance Agency (FHFA). These loans are not eligible for purchase by Fannie Mae or Freddie Mac and are typically used for homes priced above $766,550 (as of 2024 in most areas)—or higher in designated high-cost regions.
Jumbo Loan Highlights:
-
Higher loan limits for luxury and high-value properties
-
Fixed or adjustable-rate options
-
Primary residences, second homes, and investment properties eligible
-
No private mortgage insurance (PMI) required in many cases
-
Flexible asset-based and income-based qualification options
Let’s Get Started
As your trusted advisor, we are here to guide you every step of the way. Licensed in multiple states and a national reputation for excellence.
We’re committed to transparent, compliant lending practices in accordance with state and federal regulations. All loan applications are subject to underwriting approval. Terms and conditions apply. All JUMBO loans are subject to underwriting approval, property eligibility, and income verification. Rates and terms may vary.
PRE-APPROVAL
Get in touch so we can start working together and get you Pre-Approved to find your dream property
