Maximus Mortgage Advisors offers more flexible guidelines for both primary and secondary homes that make high balance loans more obtainable. This loan can be used to both purchase a new home or to refinance an existing mortgage and lower your monthly payments.
A jumbo loan, also known as a non-conforming loan, is a loan that falls above the Federal Housing Administration’s (FHA) conforming loan limit, which in 2023 is $726,200. These loans are designed to help highly qualified borrowers buy more expensive homes.
Easier to Qualify
Expands the Amount Your Are Able to Borrow
Can Help Lower Your Monthly Payments