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Agape Mortgage Group

Jumbo Loan

Don’t let conforming loan limits hold you back from that dream property. With a Jumbo Loan, you can borrow up to $2.5 million and turn your dream home into a reality.

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Jumbo Loan Requirements

Here are some key requirements to get started with a Jumbo Loan.

680 Credit Score​

A larger loan amount, shorter loan term, or adjustable interest rate may necessitate a higher credit score.

2% – 6% In Closing Costs

You’ll need between 2% and 6% of your home’s purchase price to cover closing costs.

Debt-to-income Ratio ≤ 45%

Your debt-to-income ratio (DTI) should be 45% or lower.

Loan To Value Ratio ≤ 89.99%

For 30-year fixed loans, your loan amount cannot exceed 89.99% of the home's value. For 15-year fixed and adjustable-rate loans, the loan-to-value ratio must not exceed 80%.

Jumbo Loan Benefits

More Borrowing Power

A Jumbo Loan allows you to finance a home with a loan amount of up to $2.5 million.

Flexible Loan Use

A Jumbo Loan can be used to finance a primary residence, second home, or investment property.

Less Paperwork

A Jumbo Loan typically requires less documentation compared to other loan types.

3 Simple Steps to Secure Your Loan

Apply Online

Start your journey to homeownership by submitting a simple online application, providing key financial details to help us match you with the best loan options.

Chat with an Expert

Connect with one of our experienced loan experts who will guide you through the process, answer any questions, and help you find the best mortgage solution for your needs.

Close Your Loan

Once your loan is approved, we'll guide you through the final steps to close, ensuring a smooth and timely process to get you into your new home.

Discover what works best for you!

Get Pre-approved