Jumbo Loans: Larger Mortgages
While most lenders have increased jumbo loan rates as part of the current liquidity crisis, Seattle Mortgage Planners has access to a variety of specialized portfolio lenders. These rates are below what many consumers realize and can potentially save you thousands of dollars each and every year.
Seattle Mortgage Planners is known as a local Seattle jumbo loan mortgage expert, with years of experience working with home buyers and home owners across the Seattle metro area. Jim is as comfortable with a $2MM mortgage as with a $300,000 home loan.
Do you need a jumbo loan?
Until recently, mortgages were divided into conforming and non-conforming or ‘jumbo’ categories. Mortgages with loan amounts of $417,000 or less are still considered ‘conforming’. True jumbo loans typically carry a higher rate than smaller, conforming mortgages.
The good news for residents of King, Pierce and Snohomish counties is there is now a middle category called ‘jumbo conforming’, ‘super conforming’ or ‘high-balance conforming’. This category, available up to a maximum of $506,000 in these counties, typically provides borrowers with more options and better rates than ‘jumbo’ loans. While the rates are slightly higher in most cases than mortgages of $417,000 and less, the rates are typically much better than jumbo (over $506,000).
Seattle Mortgage Planners has access to a variety of lenders in the ‘jumbo conforming’ or ‘super conforming’ category.
Please call for us to review your specific circumstances and to better clarify the options available to you.
The market fluctuates, so the ‘jumbo conforming’ loans that are available now at competitive rates may not last. Act now… at the time of this writing, this category is not considered permanent and could be eliminated.Get a No-Obligation Quote Now
While shopping for some of the most competitive jumbo loan options in Seattle, Seattle Mortgage Planners will find the mortgage that suits your needs, and keep you updated along the way.
Whether you are purchasing a new home or refinancing an existing mortgage, Seattle Mortgage Planners has the necessary experience to help you successfully navigate the jumbo mortgage process.
In this challenging economy, many lenders have increased jumbo loan rates, but competitive rates can still be found. Seattle Mortgage Planners has access to a variety of specialized portfolio lenders. Through these lenders, our qualified clients are able to secure loans at rates at competitive rates, potentially saving them thousands of dollars each and every year.
There are even some jumbo options over 80% loan-to-value (less than 20% equity). Certain restrictions apply. Give us a call to discuss your options. We’d be pleased to be your jumbo mortgage lender Seattle!
Why spend hours searching dozens of different lenders for a low jumbo rate? Let the jumbo loan expert search the market for you and find the right loan for your specific circumstances.
- Reduce your interest rate
- Lower your monthly mortgage payments
- Engage a local, experienced and trusted jumbo expert
Please call or email us to discuss your options and learn more about these rate programs. With Seattle Mortgage Planners, you’re getting local, jumbo mortgage experts who can shop the market for some of the most competitive programs available.
Access to a Wide Range of Lenders
Unlike the major banks that are typically limited to just their product set and just their rates, Seattle Mortgage Planners can choose from several different lenders and place you with the lender that fits your particular needs for your jumbo loan. We look forward to working with you and exceeding your expectations throughout the process!
Incredible Customer Experience
Your experience matters to us. We understand all types of Seattle area mortgages, and how to simplify the mortgage process.
- We’re available evenings and weekends for your convenience
- There’s no up front application fee and we offer no obligation quotes
- We make a $50 donation to Susan G Komen for the Cure for every funded loan
- You’ll have a single point of contact – no phone operators or customer service agents
Read more about the Seattle Mortgage Planners difference, or call 206-799-9966 to learn more today!Get a No-Obligation Quote Now
If you are investing in Seattle or Tacoma real estate for the first time, or upgrading, getting cash out or purchasing a second property, Seattle Mortgage Planners can help you find the right jumbo loan throughout the state of Washington.
We’d be pleased to help you find your jumbo loan, Tacoma, Seattle, Bellevue, Medina, Kirkland–wherever your prospective location.