Jumbo Mortgages

A jumbo loan is financing for a home that’s higher than the conventional limit. In 2021, the conventional loan limit is $548,250. Any loan higher than this amount requires jumbo financing or non-conforming financing.

The exception to this rule is high costs areas such as California. For example, in Los Angeles, the conventional loan limit for 2021 is $822,375 with real estate prices soaring in California many buyers need to consider a Jumbo Loan.

Choice Home Mortgage specializes in Jumbo Mortgages in California including loan sizes up to 3M+.

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CURRENT REFINANCE RATES

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15 Year Fixed
1.99 % RATE
2.38 % APR
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30 Year Fixed
2.69%RATE
2.82%APR
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*Disclosures and Rate Assumptions

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