Find 2023 Jumbo and Super Jumbo Loan Limits for Salem, MA
In Salem county of Essex, MA, a jumbo loan exceeding $828,000 mandates a minimum 10% down payment. The extensive list from Lendersa® includes portfolio and Non-QM lenders who can offer jumbo loans capped at $3,000,000. However, individuals with high net worth might secure super jumbo loans reaching up to $35,000,000.
The limits for conforming high balance loans are set at $828,000 for a single-family home, $1,060,000 for two-unit properties, $1,281,300 for three-units, and $1,592,350 for properties with four units.
Leverage our Jumbo mortgage rate calculator to check the current jumbo mortgage landscape. Utilize it for assessing down payments, income prerequisites, credit scores, reserve funds, and necessary documents for qualification.
The mission of Lendersa® is to find the most suitable jumbo loan aligned with your specific financial condition. Start with one of three available options to discover and connect with apt lenders and their programs.
Utilizing the Lendersa® Jumbo mortgage calculator, you can compare lenders to determine today's best jumbo refinance rates, or to secure a loan ranging from $1,500,000 to $25,000,000.
Lendersa® gathers extensive loan program data from numerous jumbo lenders and quickly juxtaposes this data against your unique financial profile and needs for optimal matching.
The Savings Bank is a community bank founded back in 1869 and is headquartered in Wakefield, Massachusetts in the heart of Middlesex County. TSB offers a complete range of both Commercial and Consumer banking products and has eight full-service branches. Member FDIC, Member DIF, and Equal Housing Lender.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
StonehamBank is a full-service community bank offering state of the art products & services to residents and businesses throughout eastern Massachusetts and southern New Hampshire. In addition to providing progressive products and convenience services, StonehamBank believes in giving back to the community through its Community Involvement Program.
Members Mortgage Company was founded in 1994, to meet the mortgage lending needs of New England credit unions. At the time, most of the mortgage lending options available to credit unions were organizations only interested in acquiring servicing rights for their loans, or mortgage brokers with reduced accountability for their own mistakes.
Our mission is to offer to our members a pleasant experience while providing them access to the financial services that meet their changing needs.In the spirit of that Mission Statement, the Chelsea Employees Federal Credit Union is proud to offer our members access to Home Financial Services through this web site.
Boston Mortgage Services, LLC (BMS, LLC) was initiated in 2016. Founder and owner, Elba Rojas, has been in the mortgage and banking industry since the year 1993. Our business model is to ease the process of home purchasing for our clients. We are very happy to be here and serve you the best food possible.
Founded in 1926 and headquartered in Chelsea, Metro is a cooperative financial institution, owned and controlled by the members who use and benefit from our products and services. Since 1926, Metro Credit Union has been providing financial services to more than 200, 000 members in our communities throughout Massachusetts.
Patriot Mortgage Company is a family owned company that was established in 1992 to service the states of Massachusetts and New Hampshire. We believe potential home buyers and homeowners were in search of a broker who was willing to provide mortgage products and services suited for their specific individual needs.
