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