Jumbo Loans
Jumbo loans exceed the industry-standard amount, currently $726,200, although some upper limits of jumbo loans are set on a county-by-county basis.
- Available on Purchase, Refinance or Investment Property Financing
- Fixed and Adjustable rates available
- Local underwriting and processing
- 90% LTV for loans to $1.5 million
- 85% LTV for loans to $3 million
- 680 minimum FICO
- Higher loan amounts available
- Warrantable and Non-Warrantable condos considered
- Loan Officers are well versed in the various guidelines used to underwrite jumbo loans and can guide you through the application process
Video: Colonial's New Online Mortgage Application