To secure a jumbo loan exceeding $647,200 in the county of Cook, South-Chicago-Heights, IL, a down payment of at least 10% is necessary. The Lendersa® directory features an extensive list of both portfolio and Non-QM lenders who can facilitate Jumbo loans of up to $3,000,000. Additionally, those with substantial net worth may pursue super jumbo loans up to $35,000,000.
The limits for conforming high balance loans are categorized by property type: $647,200 for single-family homes, $828,700 for two-unit dwellings, $1,001,650 for three-unit properties, and $1,244,850 for four-unit buildings.
Make use of our Jumbo mortgage rate calculator to observe the current rates and establish what is necessary in terms of down payment, income, credit history, reserves, and the documentation required to qualify.
Explore loan offers from a selection of 100 lenders
The goal of Lendersa® is to connect you with the most suitable jumbo loan that aligns with your specific financial circumstances and goals. Start by choosing one of three pathways to match you with appropriate lenders and programs.
The Lendersa® Jumbo mortgage calculator aids in comparing lenders, revealing who currently offers the best Jumbo refinance rates, or helping with the purchase of a Jumbo loan ranging from $1,500,000 to $25,000,000.
Lendersa® efficiently aggregates loan program data from thousands of Jumbo lenders, quickly aligning it with your unique financial profile and needs.
To find the exact distance between the jumbo lenders to your property, enter the property address or location here:
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