Jumbo Loans
A Denver Colorado Jumbo Loan is a loan with a loan amount larger than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Currently the limit is set at $417,000 for most areas. Special areas such as Summit County, Eagle County, Pitkin County, Routt County and San Miguel County have a higher limit of $625,500. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate; usually .25% to .50% higher than that of a conforming loan.
If you have questions about this type of loan call us today at 303.634.2271 to talk with one of our Jumbo loan experts or simply fill out our FREE quick quote form to the right and one of our loan experts will be in touch by days end.
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