48 Meriden Rd, Suite 1, Middlefield, CT 06455

Jumbo Mortgage Loan Options in Connecticut

Jumbo Mortgage Loan Program

Home prices have shot up in some areas of Connecticut, particularly Fairfield County, to the point where borrowers need jumbo loans, or high balance loans, to purchase them. In mortgage terms, a jumbo mortgage loan refers to loans that exceed limits set by government sponsored entities like Freddie Mac and Fannie Mae. Recently the limits have been increased so that any loans exceeding $484,351,000 are now allowed for a jumbo or high balance mortgage.


What are the Benefits of a jumbo mortgage?

First of all, the main benefit is that a borrower is not restricted to the limits set by Freddie and Fannie. Jumbo limits can go as high as $3,000,000.00 for qualified buyers.

Jumbo loans are also a convenient way to finance property without taking out 2 loans. Borrowers can finance more of the home purchase rather than tying up cash.


Qualify for a Jumbo Mortgage Loan

Competitive interest rates are available with as little as 20% down for primary and secondary homes – purchase and refinances. Jumbo Bank Buster loans are available up to $1.5 million and offer rates on par with big banks for borrowers with a minimum 700 FICO score

Even more, borrowers looking to purchase their primary home and have 720+ FICO score may qualify with as little as 10% down and no mortgage insurance.

Borrowers with a minimum 680 FICO score can qualify for fixed or ARM mortgages with amounts up to $3 million

Its still possible to get into the home of your dreams even if that home is over conventional loan limits. Contact me today to find out more or click the link below to begin your application. I look forward to helping you find your forever home with a Jumbo Mortgage Loan!


Kristina L. Refsbeck


Company NMLS#117273

Cell: 203-293-8377



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