WELCOME TO 1st florida mortgage - JUMBO HOME LOANS
Florida Jumbo mortgage lender for loan values up to $3,0000 – Low Rates. Low Fees. Fast Closings!
Rural Properties – 100% Financing
Florida Jumbo Loans
Up to 3 million loan value
Low Rates & Low Fees
Florida Jumbo Loans
A jumbo mortgage is a home loan amount that exceeds the limits set by Fannie Mae and Freddie Mac. As of June, 2022, inn Florida, that limit is $647,200. Meaning if you take out a home loan that exceeds this value then you will need to get a Jumbo loan.
Jumbo mortgages are a great choice for more expensive properties – so if you’re buying a high end home in Florida then you will want to apply for a Jumbo loan. Our team of loan officers doe dozens of jumbo loans every month and will help get you qualified and into your dream home. Give us a call or apply online and we look forward to earning your business.
Is a Jumbo mortgage right for you?
Can you afford high-end property but don’t have a big enough down payment saved up to bring the loan down to a conforming limit? Then a jumbo loan is probably your best option. A Jumbo loan can help qualified buyers bypass a starter home and purchase the full-sized home of your dreams.
Your Lender for Jumbo Loans in Florida
A jumbo mortgage is a home loan with an amount that exceeds conforming limits of Fannie Mae and Freddie Mac, the US government entities that guarantee the mortgages financing by the lender. Note that Jumbo loans are subject to investor requirements and must meet specific underwriting conditions.
Higher loan amounts are above these limits are considered non conforming or jumbo loans and are not secured in this manner. These jumbo loans are backed by private investors and have different guidelines.The loan limits differ by counties in Florida due to the high cost of the average homes in certain areas.
Jumbo mortgages tend to be used for large, single- family homes. While the underwriting process for Jumbo mortgages is similar to that of a conforming mortgage, the requirements differ slightly.
Please feel free to check the current jumbo loan rates on our website. We have Florida jumbo specialists on standby to help guide you through application for your new loan.
Jumbo Loans - Get Qualified Online
Speak with a Jumbo Loan Specialist!