Jumbo Loans
For more expensive homes or homes in high cost of living areas, consider applying for a Jumbo Loan!
For more expensive homes or homes in high cost of living areas, consider applying for a Jumbo Loan!
How we take borrowers from home loan to welcome home.
Apply for a jumbo loan
Loan is approved and closed
Pick up your keys!
Jumbo Loans are a type of home loan used to help borrowers buy higher value
homes—homes which exceed the conforming loan limit for their area.
The conforming loan limit is used by Fannie Mae and Freddie Mac, two
government sponsored enterprises (GSE) which guarantee most mortgages in
the United States.
Because the GSEs won’t accept these larger loans, lenders often set higher
standards for borrower qualification than they would with conforming
conventional loans.
Jumbo Loans can help eligible borrowers buy their dream home, one that
matches the lifestyle they’ve worked hard to build. Borrowers may want to
consider this loan type if they want:
When you apply for a jumbo loan, The Federal Savings Bank will consider your financial profile, including:
Talk to your team to learn all the pieces you would need to qualify for
a jumbo loan with The Federal Savings Bank!
This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.
Reach out to our lending team to start your home ownership journey!