Jumbo Mortgage Loans

Jumbo Home Loans

At Guardian Mortgage Inc, we know that owning the home of your dreams begins with securing the right type of loan. That’s why we specializes in large balance mortgages, including jumbo loans and super jumbo loans. We  proudly offer jumbo loans with a variety of mortgage options to suit the individual needs of our many customers.

What makes a loan jumbo?

A loan is considered a jumbo if it exceeds what is known as the conforming loan limit. The current conforming loan limit for a single-family home is $417,000  and high balance limit for state of Virginia is $625,500.

How are jumbo loans different?

Qualifying for a jumbo loan usually requires lower Glossary Term: debt-to-income ratios Information Panel, higher Glossary Term: credit scores Information Panel, larger Glossary Term: down payments Information Panel, and higher Glossary Term: reserves Information Panel (or emergency funds) than conforming loans. Jumbo loans can also have higher interest rates compared to a conforming loan. Differences vary by lender, so ask yours to provide you with their specific jumbo loan costs and requirements.

If you are considering a jumbo loan, talk to our highly trained mortgage professional. Together, we can discuss different scenarios to see if it makes sense for you to save for a larger down payment before you buy, get two loans, or take out a jumbo loan.

Key Benefits of Jumbo Mortgage Loan:

• The Jumbo Loan limit is up to $2 Million
• Fixed Rate and Adjustable Rate Mortgage

Consideration:

• You loan amount exceeds standard confirming loan limit of $417,000 or the county’s high balance limit of $625,000

Whatever option you choose, you should be confident that you will be able to comfortably afford the loan(s) you obtain. We will help you with understanding the full costs and terms of various loan options that can help you make the best decision for your situation. 

Our Certified Mortgage Planner Specialists will guide you through each stage of the process and provide you with expert advice along the way. Whether you are Buying a home or Refinancing your current mortgage we are committed to making the home loan process clear, informative, and simple. At Guardian Mortgage, we understand that buying a home is equally big decision as refinancing your current mortgage. That’s why we are committed to providing you with the information you need to make well informed decisions.

When you are ready, simply Apply Online, Request Personalized Rate Quote or call us at 703-349-1084 to speak with live person.