::  Florida Jumbo Loan  ::

Florida Jumbo Loan Facts

A Florida jumbo loan is defined as a loan which is larger (more than $417,000) than the limits set by the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation. Because Florida jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate. Jumbo loans are very large loans and can be quite interesting.

 

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    Loan Amounts:  $417,000 to $20 Million

    1- 4 Unit Family Residences

    Primary   *  Second Home  *  Investment Property

    NO Income Verification/No Asset Verification

    High-Rise Condos

    Construction Loans

    Non-Warrantable Condos

    Unlimited Cash-out Refinancing

    Foreign National Mortgage

    Super Florida Jumbo Loan To Twenty Million Dollars

 

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