Purchase your dream home with a competitive interest rate!
Some people need to take out larger mortgages than others. Jumbo loans are a great option to consider if the purchase price exceeds the conventional and conventional high-balance loan limits. Jumbo mortgages have always been part of our lending portfolio, but now, we have an even greater advantage to offer buyers the best in jumbo home financing with great interest rates and service.
It is important to understand that a Jumbo Home Mortgage is much more than a mortgage with a high loan amount. Jumbo loans have different underwriting guidelines, appraisal requirements and other unique attributes which are best handled by the professional team at Mid-Island Mortgage Corp. Currently, we can offer these great rates and our legendary service for jumbo loans up to $2.5 Million.
- Loan amounts up to $2,500,000
- Adjustable or fixed-rates
- Minimum FICO 680
- Maximum DTI 43%
- Available for primary, secondary and investment homes, restrictions apply
- Condos and co-ops also eligible
- Multiple terms available