If you have an eye for luxury, a Jumbo Loan might be the right fit for you. Jumbo loans are popular in areas with higher home values.
These mortgages bring strict credit score requirements. Borrowers need proof they can cover monthly payments. They also need a low debt-to-income ratio.
If you are a high-income earner with excellent credit history, you might be eligible to fund your dream home with a Jumbo Loan. Due to the lender’s increased risk, these loans often come with higher interest rates.
Whichever mortgage-type you consider, there are a lot of variables.
Let the Savvy team help you compare your options.
The Savvy Mortgage team is well-versed in these types of loans and can offer you their expert guidance about all factors you should consider. They will make sure you have all the information to decide which is the right approach to home ownership for you.
What You Can Expect as a Savvy Client:
Eileen, Tracie, and their team will work with you to help you identify the right loan for your needs.
Throughout the process you’ll receive the excellent customer service and support Savvy is known for.
Savvy will be by your side, guiding you every step of the way:
- Complete our simple loan qualifier survey
- We’ll send you customized information about your best options
- We’ll work with you to compare mortgage terms and rates to find the right one for you