Jumbo Loans

Unisource Mortgage Services, Inc.

A jumbo mortgage may be the solution when financing requirements surpass maximum lending limitations. Also known as a non-conforming mortgage, jumpbo loans allow you to acquire more expensive properties with a loan amount that exceeds the Federal Housing Finance Agency's conforming limit. In most areas of the country, the conventional conforming loan ceiling is $647,200; however, in higher-cost areas, it can be as high as $970,800.


Unisource Mortgage Services can help you find the best alternative if you require a larger mortgage loan. Our Jumbo Loans offer financing for loan amounts that exceed the maximum conforming loan limitations imposed by Frannie Mae and Freddie Mac. Contact a home loan consultant today for competitive rates and attractive terms.

Benefits of Jumbo Loans

  • Up to 95% financing
  • Competitive interest rates
  • Finance primary, second home, and investment properties.
  • Loan amounts up to $3,000,000.

Frequently Asked Questions

  • What is considered a jumbo loan?

    Jumbo loans are those that surpass Fannie Mae and Freddie Mac's loan-servicing limits — now $647,200 for a single-family house in all states (excluding Hawaii and Alaska and a few federally designated high-cost markets, where the ceiling is $970,800).

  • How much do you have to put down on a jumbo loan?

    As a general rule, you should plan to put down at least 10% on a jumbo loan. Some lenders may ask a down payment of 25% or even 30% of the purchase price. While a 20% down payment is a decent starting point, it's always a good idea to discuss all of your choices with your lender.

  • Do I have to pay PMI on a jumbo loan?

    Because Jumbo loans often need a greater down payment, you may not be required to pay PMI. PMI is a type of insurance created for first-time home buyers who have a small down payment. However, because down payments differ by loan, your lender may impose PMI in exchange for a reduced down payment.

  • Are jumbo loans backed by Fannie Mae?

    A jumbo loan, also known as a jumbo mortgage, is a type of loan that is bigger than the amount set by the Federal Housing Finance Agency (FHFA). Jumbo loans can't be bought, backed by, or securitized by Fannie Mae or Freddie Mac, unlike conventional mortgages, which can.

Use our online application to quickly get prequalified for your loan.