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48 Meriden Rd, Suite 1, Middlefield, CT 06455
844.788.7237
[email protected]

Jumbo Mortgage

Jumbo Mortgage

Jumbo mortgages are a good solution for borrowers who are looking to buy or refinance a higher-priced home. A jumbo loan is one which is higher than the conforming loan limit for the county or state.

 

Loan Term Options

We offer 15 year, 30 year, and Adjustable Rate Mortgages Options (5/1, 7/1, and 10/1).  Higher Credit Scores are preferred to get up to 95% LTV financing.

Benefits of a Jumbo Mortgage

  •  Can be used for a primary residence or investment property
  •  A minimum of 10% down is required for clients that qualify
  •  Can be used for a home purchase, rate/term refinance, or cash out refinance

 

To learn more about this please call us today for a free consultation.

Jumbo Mortgage News

  • Working with Northeast Financial LLC has it perks.  One of which is access to our industry leading niche products. Here is quick list of some of the Niche Products you can find here at Northeast Financial LLC: Bank Statement Ideal for self-employed borrowers who can’t use tax returns to qualify Up to 90% LTV, no…
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  • JUMBO Included! Up to 95% Financing with no Mortgage Insurance.  ($2 million max loan size at 95LTV and 740 min fico needed and must be owner occupied) Did you just fall out of qualifying for a conventional loan? We have a competitive option to help you achieve the house of your dreams. ● Loans up…
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  • JUMBOS ARE BACK with a VENGEANCE, WITH UP TO 89.99%* LOAN TO VALUE, and NO MORTGAGE INSURANCE REQUIRED High loan amounts can be a real challenge for borrowers due to a lack of options from lenders. With our lenders,we have innovative jumbo loan products, with simplified guidelines and minimum FICO scores of 680. We offer…
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  • Learning the ABC’s of mortgage terminology Before tackling the mortgage process for the 1st time or the 5th time, understanding the mortgage language will help in the steps of your home purchase journey. Adjustable Rate Mortgage (ARM): A mortgage that will have an initial fixed rate for a set period of time and then the…
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General Disclosure

When discussing programs that allow for 3.5% down, 0% down, or a percentage down – the borrower is not required to only put that exact percentage down. FHA, USDA, VA, CHFA, Jumbo, and Conventional Mortgages allow borrowers to put down more of a percentage if they desire to. The percentages mentioned in the information provided is the minimum down payment that these programs require. Each one of these programs have specific credit score, debt-to-income ratio, and payment history requirements to qualify for the minimum down payment.

Disclaimer

Northeast Financial is presently in the process of applying for their Mortgage Broker’s license in the state of New York.  Website authorization by the New York State Department of Financial Services is pending.  Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site. If you are a New York Resident – please do not submit any information through our website.

 

© 2023 Northeast Financial LLC dba Northeast Home Associates, LLC NMLS# 117273

Northeast Financial LLC is a Licensed Mortgage Broker by the State of Connecticut Department of Banking, NOT A LENDER. Loans are arranged through 3rd party lenders.
Complaint Policy

This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the state of New York can be facilitated through this site.








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