Jumbo Loan

About our Jumbo Loan Programs

Residents in Arizona have some great Jumbo mortgage options now available up to 95% LTV (loan to value). The one major difference between Jumbo loans and standard conventional mortgages is a Jumbo Loan is provided only for higher cost properties over the conforming loan limit. Most Arizona locations like Scottsdale and Phoenix characterize “Jumbo mortgages” for any amount that exceeds $484,350.

 

**Eligibility subject to program stipulations, qualifying factors, applicable income requirements, and property limits. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.

Features:

  • No mortgage insurance
  • Very competitive rates
  • 45% Debt-to-income ratio limit
  • Primary Residence Only
  • Jumbo with 10% down
  • Loan Amounts up to $850,000
  • 740 Fico Score Required.

The Right Lender

Jumbo loans in Arizona might be the only feasible option available for the borrower living in a high-cost area. It is important that you choose a reliable mortgage lender who can educate you on what will be the right loan option for you. Someone that understands the complex financials of high net worth borrowers.

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FAIRWAY MORTGAGE - THE POTEMPA TEAM

5450 E High St #275
Phoenix, AZ 85054
NMLS – 454708
Phone: 480-418-4555
teampotempa@fairwaymc.com

 

Top 200 Mortgage Lenders - The Potempa Team

FAIRWAY CORPORATE

4750 S. Biltmore Lane, Madison, WI 53718
NMLS Entity ID # 2289
NMLS Consumer Access