Jumbo loans provide high-value financing options for luxury homes and properties that exceed conventional loan limits.
Jumbo loans are designed for homebuyers seeking financing for properties that exceed conforming loan limits set by Fannie Mae and Freddie Mac. These loans cater to individuals purchasing high-value homes or investing in luxury real estate. With higher loan amounts, Jumbo loans make it possible to secure your dream home or expand your investment portfolio without multiple mortgages.
One of the primary advantages of Jumbo loans is their ability to finance high-cost properties in a single loan, eliminating the need for additional financing. They offer competitive interest rates and flexible repayment terms, tailored to borrowers with strong credit and financial stability. Unlike conventional loans, Jumbo loans typically don’t require private mortgage insurance (PMI), even with a lower down payment. Whether you’re purchasing a luxury residence or a vacation property, Jumbo loans provide the financial flexibility you need.
At Cascade Home Loans, we specialize in simplifying the complexities of Jumbo loans. Our team works closely with you to assess your financial situation, customize loan terms, and guide you through the application process. From financing a luxury property to securing a high-value investment, we’re here to provide personalized solutions that align with your unique needs and goals.
Apply for your loan without worrying about upfront application costs, so you can focus on finding the right home and financing solution.
Borrowers with strong credit scores, stable income, and a solid financial profile are typically eligible for Jumbo loans.
Jumbo loans cover properties that exceed conforming loan limits, which vary by location. Typically, this starts around $726,200 in most areas.
Jumbo loans often require a down payment of 10-20%, depending on the lender and the borrower’s financial profile.
While interest rates may be slightly higher than conventional loans, competitive rates are available for qualified borrowers.
No, PMI is not typically required for Jumbo loans, even if the down payment is less than 20%.
Yes, refinancing is available for Jumbo loans to help borrowers secure better rates or terms.
Don’t just take our word for it
Pippy and his team were the best, very efficient and communicative throughout the entire process!
Great experience from start to finish with Andrew Pippy. He was super responsive, explained everything clearly, and made the whole mortgage process way less stressful. Not to mention he gets closing completed super quickly! We were able to close a week earlier than expected. Highly recommend!
I’ve worked with Jason before when I was originally going through the process of buying my house, he is very well educated and will help you every step of the way, highly recommend his services. Absolutely top tier!
Great company with top tier values. Clients always come first and the guys work harder than anyone I’ve ever seen to make things happen. Would not feel taken care of getting a loan anywhere else.
Mat was immensely helpful, communicative, and all around a pleasure to work with as my husband and I navigated our first home-buying experience! Highly recommend.
Andrew Pippy with Cascade went above and beyond for our home purchase! He was able to facilitate everything for my VA Loan and we were able to lose 18 days after offer acceptance!!! Unreal timing and service from this team. 10/10 service and communications, will do business with again!
“Working with Andrew Pippy and his team was a seamless experience. Communication was always clear and secure, and he consistently responded promptly. I truly appreciate the excellent support—thank you!”
Mat was wonderful to work with and made our first time home buying process super easy! Extremely communicative and professional!
Matt recently helped us refinance our home. We had a great experience! Matt is so patient and answered all of our questions. We look forward to working with Matt again in the future.
