Jumbo Home Loans
For Those dreaming Big
Jumbo loans are built for those with a big budget and big dreams. Although the standards for qualifying for a Jumbo loan are more rigorous than other options, it sure beats paying for your home in cash!
If you agree with ANY of the below, a Jumbo loan may be best for you!
You'll need a loan that is above conventional limits.
You can afford to put at least 10% down.
You have great credit that's at least 680.
You're looking to get some cash out of your home.
This is a primary, 2nd, or investment home.
Know your home budget.
Download our free app, and know exactly how much a home could cost.
*Disclaimer, Assumptions, & FAQs
The information on this page is not meant to be a quote. So if you want an ACTUAL interest rate quote or if you're just curious what you may be eligible for, just ask us!
Annual Percentage Rate (APR) effective 9/15/17. Rates based on NFLP’s average customer FICOs for 2017. Rates may change or not be available at the time of lock. Not an offer to enter into an interest rate or discount point agreement. Any such agreement may only be made in writing by both the borrower and the lender. Network Funding, LP reserves the right to change or cancel this offer without notice. Subject to applicable laws and regulations. Monthly payment excludes mortgage insurance, homeowners insurance, property taxes and HOA.
For the information discussed on this page, we're assuming the following: $1,000,000 purchase. $900,000 loan amount. $4627 P&I. 4.625%(4.669% APR). 761 FICO.
What are the loan amount limits for Jumbo Loans?
Network Funding offers Jumbo financing up to $1.5M but will make exceptions up to $2M.
When is it best to put more than the minimum down on a Jumbo Loan?
This will really depend on your exact file. Network Funding offers a lot of different Jumbo loan programs, so depending on your situation putting more down may or may not improve the terms of your loan.
Can I purchase a vacation or investment home with a Jumbo Loan?
Yes. Network Funding is pleased to offer several Jumbo loan solutions for both vacation homes and investment properties.
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