Jumbo Home Mortgage Loans - St. George Utah
You’ve worked hard, scrimped, and saved. You deserve to buy your dream home. A jumbo loan can make that happen!
With these larger home loan amounts, qualifying standards can be a bit more stringent, usually higher credit scores and down payments are required. Jumbo Loan guidelines are similar to coventional loan requirements but Borrowers also need to have more ‘reserves’ compared to other loan types.
You can also choose to increase your down payment and borrow less than $484,350. This would be very realistic if the mortgage is only slightly above the jumbo loan threshold. Additionally, there are other creative financing options that The Staples Group can help you with! Once of the most common ways to do it is through an 80-10-10 loan. This means you may have to only put 10% down to avoid mortgage insurance. We are ready to help you purchase your dream home.
*Loan terms and limits subject to change. This page is meant for educational purposes is not a commitment to lend
We chose a jumbo loan to help us achieve our retirement home goals. We have worked hard and wanted to upgrade to our dream home. Becky has been great to work with, I love the videos she sends to introduce clients to the whole mortgage process, they helped a lot! We appreciate how available she is and prompt to return calls and emails. She is very knowledgeable and so able to find various ways to accomplish the necessary documentation for our loan process. She also sent me such a nice note letting me know we were doing a good job getting our paperwork done!
