Jumbo mortgages are used to finance homes above the conforming loan limit traditionally accepted by Fannie Mae and Freddie Mac. Jumbo loans funded through the lender’s portfolio and are manually underwritten per the lender’s set guidelines.
Fidelity funding has relationships with multiple Jumbo loan lenders in order to have the ability to place each loan where it qualifies and at the same time is the best loan option for the borrower. We not only have several programs for qualified jumbo mortgages but several portfolio programs with more lenient guidelines accepting FICO scores as low as 620 and LTVs as high as 95%.
Fidelity Funding offers both Fixed and Adjustable rate Jumbo loans with Interest-Only options. We transact purchase loans, refinance loans, and cash-out refinance requests for primary residences, second homes, and investment properties.
Pre-qualification will be based on certain required information, and full qualification and loan placement will require the submission of a full loan application and required documents. Call us today to find out what your options are if you are in need of a Jumbo home loan.