Jumbo loans are home purchase loans designed for larger purchases that come with significantly higher limits and tougher guidelines.


They’re perfect New York mortgage and New Jersey mortgage options for families that require extensive living space, or for homebuyers who are looking for exquisite luxury homes.

They usually come with:

  • Unbeatable flexibility: Available in every product and loan term, from 3, 5, 7 and 10 adjustable rate mortgages (ARMs) to 10, 15, 20, or 30-year fixed-rate New York or New Jersey mortgages!

  • Higher loan limits: Borrow up to $3 million for higher-end properties!

  • Affordable down payments: Borrow up to $1 million with only 20% down!

Choosing The Right Jumbo Loan


Jumbo refinance or home purchase loans aren’t the best choice for everyone, and you should always match a loan to what your budget will allow. Also, there are risks associated with borrowing such a large amount of money.