- Jumbo Loans:
Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically a little higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes.
We have partners with many banks to provide out of the box solutions for jumbo mortgages in MN. The loan options we offer go up to $3,000,000. We can do one loan up to 90% loan to value to $1,000,000 with no mortgage insurance! We also have solutions to get clients to 95% loan to value by utilizing our first and second mortgage solutions.
Please contact us with any questions.
Ben Coulter | NMLS#383046 / #3068
612.384.7818 / Ben@UptownFinancial.com