Jumbo loans carry a loan amount surpassing the conforming loan limits set by the Office of Federal Housing Enterprise Oversight (OFHEO). They typically carry more credit risk than those issued by Fannie Mae or Freddie Mac, which often results in higher interest rates.

Eligible programs:

• 15-year fixed
• 30-year fixed

Occupancy:

• Primary Home
• Secondary Home

Primary Residence Purchase / Refinance:

• Loan amounts over $484,350
• MAX LTV up to 80%
• Cash-out up to 70%
• Max DTI 43%

Secondary Residence Purchase / Refinance:

• MAX LTV up to 75%
• Max DTI 43%