- Jumbo Loans:
Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes, and usually require a higher down payment than traditional loans. Jumbo loan guidelines, pricing, and features can vary widely by lender and program. Trustpoint Mortgage partners with several investors that have a variety of Jumbo Loan products available to meet a wide range buyers needs at competitive prices.