Katrina Moyer

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Jumbo Loans

A jumbo loan (or non-conforming mortgage) allows you to purchase more expensive homes with a loan amount above the conforming limit set by the Federal Housing Finance Agency. In most areas of the country, the conventional conforming loan limit is $510,400; however, the limit is $765,600 in higher cost areas.

If you have a low debt-to-income (DTI) ratio and a higher credit score, but you don’t have enough funds to bring the loan amount under the conforming limit, a jumbo loan might be the right option for you.

Jumbo Loan Benefits

  • Allows for financing a home over the maximum loan amount established by the Federal Housing Finance Agency
  • Convenience of one loan for the entire loan amount
  • They can be used for a primary residence, second home or investment property
  • Fixed-rate or adjustable-rate mortgages (ARM)
Katrina Moyer

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Katrina@mortgagesandmore.me
NMLS#1277579

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Mortgages & More, LLC
NMLS #2323345

Please feel free to contact me at katrina@mortgagesandmore.me with any thoughts, comments, or questions about my work—I’m always interested in making new professional acquaintances.


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Port Charlotte, FL 33948

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