Better Financing Options
Take advantage of the great opportunity to leverage more money for your dream purchase.
With only 10-20% down on a million dollar home, you can tap into low interest jumbo financing options instead of restricting yourself with the conforming loan’s 2023 rate, (currently set at $726,200).
Are you dreaming of a luxury home? Now could be the time to make it happen. With jumbo loan interest rates now near the same level as conforming loans, financing for those large purchases is more attractive than ever! And although most lenders will ask for at least 10% down payment on your big purchase – some banks may even require up to 20%. So if that million-dollar dream home has caught your eye – why not get crunching and look into how much a jumbo loan can do for you?!