Jumbo Loans

In today’s economic environment, getting approved for Jumbo Loans is a bit different than it was only a few years ago. That’s not to say it’s impossible, just that you want to be sure you are working with a lender who knows the ins and outs of Jumbo Loans.

Fannie Mae and Freddie Mac are the two government sponsored mortgage entities that establish Conventional Conforming Loan limits. The limit varies by location. In most housing markets the Conventional Conforming Loan Limit for a single family dwelling is $424,100. In the more expensive housing markets, such as San Luis Obispo and Santa Barbara the limits are higher. Jumbo Loans are any loans that exceed the maximum loan amount Fannie Mae and Freddie Mac set each year.

We are happy to answer your questions so you can make informed decisions.

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 (805) 202-2100

If you are looking to purchase a home on the Central Coast or anywhere in California, we are here to help you through the process!