Jumbo Loans

Jumbo mortgages are Home Loans that are bigger than normal. They exceed the "Conforming Limit" — the maximum loan amount that Fannie Mae and Freddie Mac will buy.

In Washington the Conforming Loan Limit is $453,100. Currently we have Temporary Jumbo Conforming loans available in King, Pierce, and Snohomish Counties which allow loan amounts up to $667,000. These are only slightly higher in rate but are a temporary Goverment Program.

The next tier up in Washington is Jumbo loans for loan amounts above the $667,000 temporary limit. Jumbo Mortgages are not offered by all banks and the interest rate spreads and Underwriting Guidelines between different Banks can be significantly larger than a Conforming Loan. 
We work with several Banks that specialize in Jumbo Loans and can help you find the best product for your unique needs.