What is a True Jumbo Loan?
A True Jumbo Loan is above the maximum loan amounts established by Fannie Mae and Freddie Mac.
- Loan amounts up to $2,000,000
- 700 Minimum FICO score required
- Available for purchase and refinance
- Loan amounts higher than $850,000 requires 2 appraisals
- First-time homebuyers with proof of rental income