Jumbo Loans

Benefits of a Jumbo Mortgage Include:

A jumbo mortgage is any single loan amount over the conforming loan limit which is currently, in a non-high cost area, $453,100 for a one-unit property in most of the United States.

• allows the purchase of a more expensive home
• no private mortgage insurance (PMI) is required with a 20% down payment
• interest on loans up to $1 million may be tax deductible. Check with your tax consultant.

 

Conventional Jumbo Purchase and Refinance transactions

For borrowers looking to purchase or refinance a home with a mortgage amount that is greater than $453,100 (in a non-high cost area). Contact one of our licensed loan officers today to apply!

Find Us

Success Mortgage Partners, Inc.

1200 S. Sheldon Road
Plymouth, Michigan 48170
734-259-0880
FAX: 734-468-0815
info@smprate.com
NMLS: 130562