A Jumbo Loan is a mortgage used for purchasing high-priced homes, second homes, or investment properties, particularly when buyers cannot pay in cash. These loans exceed the limits set by Fannie Mae and Freddie Mac, classifying them as non-conforming loans. These loans offer greater borrowing flexibility compared to traditional loans.
Flexible Options for Borrowers
ALCOVA Mortgage provides both fixed-rate and adjustable-rate Jumbo Loans, with terms tailored to meet different financial needs. These loans cater to primary residences, second homes, and investment properties. In high-cost areas, this type of loan helps buyers secure financing for homes priced above conventional limits.
Why Choose a Jumbo Loan?
For those investing in real estate or purchasing homes in sought-after areas, these loans offer a solution with higher borrowing capacity. ALCOVA Mortgage’s competitive rates and flexible terms help make these investments a reality. Our experienced team offers expert guidance through the application process, ensuring borrowers receive the best terms and a smooth experience.
Explore Jumbo Loan options with ALCOVA Mortgage to turn your real estate goals into reality. Whether you're buying a primary home, second home, or investment property, a Jumbo Loan could be the key to securing the property of your dreams.
10% minimum down payment
Fixed and adjustable-rate loans for loan amounts over the conforming loan limit
