A mortgage is generally considered a Jumbo Mortgage Loan when it goes past the conforming limits set by Fannie Mae and Freddie Mac: $647,200 in most U.S counties. Super Jumbo Loans usually include mortgage amounts over $3 million. Conforming loan limits in Florida is $647,200 in every county except Monroe county, where it is $710,700. See FHA map –>
When considering high priced luxury or real estate commercial investments, these loan programs become the favorable choice.
We process jumbo & super jumbo loans weekly and will help guide you through the process.