In Elizabeth county of Union, NJ, applying for a jumbo loan exceeding $1,089,300 requires at least a 10% down payment. Within the comprehensive Lendersa® list, you will find both portfolio and Non-QM lenders ready to arrange jumbo loans up to a maximum of $3,000,000. Additionally, individuals with a significant net worth can secure super jumbo loans up to an impressive $35,000,000.
The conforming high balance loans are capped at $1,089,300 for a single-family home, $1,394,775 for two-unit properties, $1,685,850 for three-unit structures, and $2,095,200 for four-unit buildings.
To assess current jumbo mortgage rates and calculate the necessary downpayment, income, credit, reserves, and required documentation for loan qualification, you can utilize our Jumbo mortgage rate calculator.
Explore loan offers from 100 lenders
The goal of Lendersa® is to ensure you secure the most appropriate jumbo loan tailored to your unique financial scenario and requirements. You can start with one of three initiation points which lead you to match with suitable lenders and loan programs.
Through the Lendersa® Jumbo mortgage calculator, you can efficiently compare lenders to find out which one offers the best current Jumbo refinance rate or to purchase a Jumbo loan for amounts ranging from $1,500,000 to $25,000,000.
Lendersa® quickly processes data from a wide variety of Jumbo lenders, comparing it against the intricacies of your specific 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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