Jumbo Loans

Jumbo Loans

A jumbo loan is a mortgage that exceeds the limits set by the Federal Housing Finance Agency. These federal limits vary by county. These loans are not guaranteed by Fannie Mae or Freddie Mac and are designed for financing luxury properties. Jumbo loans Jumbo loans are secured by other financial institutions.

Borrowers seeking a jumbo loan will undergo a more stringent set of credit requirements than a traditional mortgage, and will require excellent credit and low debt-to-income ratio. Down payments can range from 10% to 15%.

Rates for Jumbo mortgages are close to those rates offered by traditional conventional mortgages.

About

Independence Home Mortgage Corp. is a residential mortgage company dedicated to the American Dream of home ownership. We are a customer focused mortgage brokerage firm who strives to build lasting relationships by providing personalized mortgage solutions and unsurpassed service. We offer residential loans including conforming conventional, jumbo, FHA, VA, USDA, and portfolio options. We arrange financing for purchase, refinance, construction, and reverse mortgages on multiple property types. ...

 

Contact Us

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- NMLS: 122142
720 Johnsville Blvd
Suite 1205B
Warminster, Pennsylvania 18974
Phone: (215) 323-4120
Email: information@ihmtg.com

 

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© 2020 Independence Home Mortgage Corp NMLS ID# 122142.  All rights reserved.  This is not a commitment to make a loan.  The terms and conditions in connection with any extension of credit are effective as of the date you receive material and are subject to change within the sole discretion of Independence Home Mortgage Corp without notice.  All loans are subject to credit and property approval.  Not all products are available for all loan amounts, programs or credit grades.  Other restrictions and limitations apply.  There are maximum loan amounts.  All loan approvals are subject to underwriting guidelines through third party providers. Independence Home Mortgage Corp is a licensed mortgage broker, NJ Department of Banking and Insurance, Pennsylvania Department of Banking and Securities, Florida Office of Financial Regulation, Michigan Department of Insurance and Finanical Services, & Texas Department of Savings and Mortgage Lending.  Registered Mortgage Broker - NYS Department of Financial Services.  All loans arranged with Third Party Providers.  

 

This site is not authorized by the New York Department of Financial Services. As such, no mortgage loans for properties located in New York will be accepted through this site.

This site is not authorized by the New York Department of Financial Services. As such, no mortgage loans for properties located in New York will be accepted through this site.

© 2020 Independence Home Mortgage Corporation    

732.555.1212