Jumbo Loans

A Jumbo loan exceeds the conforming loan limits of a conventional loan and allows for a higher-priced purchase or refinance. If you have a higher credit score, lower debt-to-income ratio, and a larger down payment, a jumbo loan may be right for you.

What are the benefits of a Jumbo Loan?

With a Jumbo loan you can:
• Purchase a home over the conventional loan limit of $424,100
• Choose between fixed or adjustable rate
• Borrow full amount from one home loan instead of two
• Prepay your mortgage without penalty

Why Choose a Jumbo Loan?

Jumbo loans have these advantages:
• Most do not require Private Mortgage Insurance (PMI)
• Competitive rates
• More flexible than conventional loans
• Possible tax benefits gained by lower interest payments

Is a Jumbo Loan right for you?

A few things to consider:
• Jumbo loan amounts vary by county
• Higher credit scores are required
• Lower debt-to-income ratio is required
• Required down payment is typically larger
• Reserve requirements vary depending on the loan amount

Learn More about Jumbo Loans:
For more information about Jumbo loans or to see if you qualify, contact one of our mortgage experts today.

Get Started Now!

Fill out this short form and we will contact you shortly.

The Vinson family has been serving clients in the mortgage industry for over 25 years, and with that experience comes many advantages for our clients....
  • Speed Of In-House Processing

    Speed Of In-House Processing

    • Streamlined Process
    • Faster clear to close
    • Loan officers communicate with processors throughout the lending process
  • Refinance & Purchase History

    Refinance & Purchase History

    • Been in business for over 25 years
    • Dedicated and experienced Loan Officers and Operations staff
    • Portfolio of products
    • Long-term approach to best suit your needs
  • Fight The Good Fight

    Fight The Good Fight

    • Credit repair
    • Structuring unique loan situations
    • Breaking through the credit bureau red tape
    • Help approve credit scores that others ignore
  • Straightforward Approach

    Straightforward Approach

    • No pricing gimmicks or rate schemes
    • Establish lasting relationships
    • Provide updates & progress reports
    • Responsive to questions & concerns
  • 1
  • HARP Loan
  • Debt Consolidation
  • USDA Loan
  • Reverse Mortgage
  • VA Programs
  • 203k
  • Conventional Loan
  • Jumbo Loan
  • ARM/Fixed Loan
    Fixed Loans
  • 1

Corporate Headquarters  |  16100 Chesterfield Parkway, Suite 175  |  Chesterfield, MO 63017  |  314.839.9999

© 2018 Vinson Mortgage, NMLS ID #312410. All Rights Reserved.
Vinson Mortgage is an equal opportunity lender. Vinson Mortgage is a division of Executive Lending Group, LLC.

Privacy Policy