Jumbo Loans

Looking to buy a larger, luxurious home? If the loan value exceeds $688,550 then a jumbo loan may be right for you. Imperial Home Loans has competitive rates on jumbo loans up to $3,000,000.

Credit score requirements are typically no lower than 700. If you are going to qualify for a jumbo mortgage, you will need to document income and assets in order to get approval. The maximum debt-to-income (DTI) ratio for jumbo loan borrowers is 45%. The required reserve amount for jumbo borrowers is generally at least six months in reserves after closing; conforming and some government loan types may require only one or two months—and in some cases require no reserves.

• You can aim higher and invest in a more substantial property
• Jumbo Loans often require a smaller down payment compared to the property’s value
• Competitive interest rates that align with your financial goals
• Flexibility in loan terms, enabling you to customize your mortgage to suit your financial situation and long-term plans
• Maintain a healthy savings cushion for unexpected expenses or future investments
• An excellent tool for acquiring income-generating properties in upscale markets
• Build wealth through real estate while enjoying the comfort and elegance you desire

Make your move into the world of luxury homeownership today. Contact us to explore your options and take the first step towards owning the prestigious property you’ve always dreamed of. With Jumbo Mortgage Loans, the luxury lifestyle you’ve envisioned is within reach.