Jumbo Loans

Jumbo

A Jumbo Mortgage is designed for buyers who are in the market for higher-priced, luxury homes. First Home Mortgage can provide the best jumbo product to fit your financial goals, in addition to the guidance you need for a smooth purchase. Tim Sisson of First Home Mortgage is a leading provider of Jumbo mortgages and provides competitive rates and flexible financing options. Tim does Jumbo loans in Dunkirk, Huntingtown, Prince Frederick, as well as the entire state of Maryland. For more information on Jumbo loans or how to get Pre-Qualified, contact Tim today at 301-327-5817 or click here!

What is a Jumbo loan?

A jumbo mortgage is a home loan which exceeds the conforming loan limits in property area. The jumbo loan limit is $484,350 in most of the United States, however for high cost areas it is expanded to $726,525. Some high cost areas in Maryland include Calvert, Charles, Prince George’s, Montgomery, and surrounding areas of Washington D.C. Also, Northern Virginia includes many high cost areas in which the conforming loan limit is $726,525. Look up your area’s loan limit here:

Advantages of Jumbo Loans

– Loans up to $3 Million
– Fixed and ARM options
– Available for Primary Residences, Second Homes, and Investment properties
– Flexibility of refinance opportunities
– 5% down payment options

In the areas of Maryland and Virginia, there is plenty of real estate which might require Jumbo financing. Luckily, Tim Sisson is licensed in both MD and VA and he can educate you regarding the Jumbo options that are available. From larger homes, to waterfront properties, and even properties with acreage – First Home Mortgage will take care of you.

To browse real estate listings which might meet this criteria, click here!

Tim Sisson of First Home Mortgage is a leading provider of Jumbo mortgages and provides competitive rates and flexible financing options. Tim does Jumbo loans in Dunkirk, Huntingtown, Prince Frederick, as well as the entire state of Maryland. For more information on Jumbo loans or how to get Pre-Qualified, contact Tim today at 301-327-5817 or click here!