Jumbo
A jumbo loan is defined as a loan whose loan amount exceeds the Fannie Mae conforming loan limit. In Texas, the conforming loan limit is $417,000. In high cost states, such as California, the loan limit is as high as $729,750. Many lenders don’t have access to jumbo loan products, but at Berkshire Lending, we have many available, and at considerably lower rates than the competition. Give us a call today to discuss jumbo options available.
** Did you know we do Cash Out Loans in the state of Texas up to $900,000? …We do!
Contact us today about your Jumbo Loan.
