A jumbo loan is defined as a loan whose loan amount exceeds the Fannie Mae conforming loan limit. In Texas, the conforming loan limit is $424,100. In high cost states, such as California, the loan limit is as high as $636,150.
Many lenders don’t have access to jumbo loan products, but at Berkshire Lending, we have many available, and at considerably lower rates than the competition. Give us a call today to discuss jumbo options available.
** Did you know we do Cash Out Loans in the state of Texas?
Contact us today about your Jumbo Loan.
In a few minutes we can determine how much you can afford.