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(512) 891-0778 loans@austincapitalmortgage.com NMLS: 229421, 1971339

What is a Jumbo Home Loan?

A Jumbo Loan is a mortgage loan that has high credit quality, but has a much higher loan amount than any traditional loan.

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When a loan amount reaches beyond the limit set by the Federal Housing Finance Agency (FHFA), Jumbo Loans can offer high-end financing that a traditional loan cannot.

Over the past few years, some lenders have decreased their Jumbo Loan offerings in addition to making them harder to obtain. However, at Austin Capital Mortgage, we can get you the best rate possible on your Jumbo Home Loan. We offer Jumbo Loans up to $4 million.

Competitive Rates with Austin Capital Mortgage

While the industry standard for a Jumbo Home Loan is 20% down, our expert loan team at Austin Capital Mortgage can get you one step closer to your dream home with up to $1.5 million at just 10% down – not to mention our competitive mortgage rates.

Our team is here to assist you throughout your loan process. Contact us or give us a call with any questions – we’d be delighted to get you on your way to your brand new home by getting you a great low rate on your Jumbo Loan today!

How Do I Qualify for a Jumbo Loan?

Because Jumbo Home Loans are so large, and are sought after by those looking to purchase high-value homes, the requirements are less lenient than with most other loans:

  • A credit score of 700 or higher
  • A debt-to-income ratio (DTI) of 43% or lower
  • For Jumbo Loans offered by the VA, you must be active duty, a veteran, or a spouse

Additionally, it is possible to refinance Jumbo Loans, given that you meet the criteria for eligibility. Get in touch with Austin Capital Mortgage to see your options for refinancing a Jumbo Home Loan.

Why Choose Austin Capital Mortgage?

Our company has been ranked in the top 25 lenders in Central Texas for 20 years running. Home buyers consistently put their trust in us to provide them with their best loan options. Not only do we frequently work with home buyers, we are also relied on by realtors, builders, and CPAs. We are known for our ability to navigate complex deals with ease and speed, earning us our reputation of providing exceptional service. We promise to always:

  • Put you, your needs, and your unique situation first.
  • Offer some of the most competitive rates in the industry.
  • Close fast – in fact, most of our loans close in 30 days or less!
  • Offer our valued clients numerous types of loans, making it certain that we will find the ideal loan for you.

Get started today!

Fill out the questionnaire on this page to start a discussion about your mortgage needs today!

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