In the bustling city of Smithtown, within the expansive county of Suffolk in NY, securing a jumbo loan that exceeds $1,089,300 requires a down payment of no less than 10%. The comprehensive list curated by Lendersa® covers a range of portfolio lenders along with Non-QM lenders, all qualified to handle jumbo loans reaching up to $3,000,000. Moreover, those with exceptional net worth have the possibility of obtaining super jumbo loans that can stretch to as much as $35,000,000.
Conforming high balance loans are designated by specific limits: for a single-family house, it is set at $1,089,300. If a property includes two units, the limit rises to $1,394,775; for properties featuring three units, the threshold is $1,685,850; and for those with four units, the cap is $2,095,200.
Explore our Jumbo mortgage rate calculator to gain insights into the current jumbo mortgage rates and calculate essential metrics like down payment requirements, income levels, necessary credit, reserves, and the documents needed for the qualification process.
Delve into a variety of loan offers from a diverse pool of 100 lenders
The fundamental aim of Lendersa® is to guide you towards obtaining the best possible jumbo loan aligned with your specific financial conditions and requirements. Start by choosing one of three foundational approaches designed to match you effectively with suitable lenders and the jumbo loan programs they offer.
The Lendersa® Jumbo mortgage calculator is a robust resource facilitating comparisons among various lenders, assisting in identifying those providing the best jumbo refinance rates at present or supporting the acquisition of a jumbo loan ranging between $1,500,000 and $25,000,000.
Efficiently, Lendersa® aggregates and assesses extensive loan program data from thousands of jumbo lenders, swiftly aligning it with your unique financial profile and detailed needs.
To find the exact distance between the jumbo lenders to your property, enter the property address or location here:
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