Jumbo Loan

Jumbo loans are non-conforming loan used to purchase high-price homes.  A conforming loan is a type of loan that is offered by the two government sponsored entities commonly referred to as Fannie Mae and Freddie Mac.  Conforming loans offer better interest rates but are currently capped at a loan size of $417,000.  This is when the “jumbo loan” status kicks in. 

Jumbo loans can still offer some great rates but require a different kind of lender.  Even people with less than perfect credit can qualify for jumbo loans.  Colorado Mortgage Financial can help you find the best possible loan regardless of loan amount or location.  We are dedicated to helping you find the best Jumbo loans on the market in all 50 states!  To find out more about a Jumbo loan or how you can qualify, please click here