Jumbo Loans in Chandler
Do you need a loan greater than the conventional limits?
A Jumbo Loan is typically a single loan amount that exceeds the conforming loan established by Fannie Mae and Freddie Mac. This current limit is $453,100.00 for a one-unit property in the state of Arizona. Jumbo mortgages are non-conforming loans, which means they don’t have to follow the same guideline set by Fannie Mae and Freddie Mac. Academy Mortgage offers the most competitive terms for your Jumbo loan.
By pursuing a Jumbo Home Loan, you can:
- Enjoy affordable closing costs
- Have flexible refinance opportunities
- Avoid private mortgage insurance if you put 20% down
- Purchase a more expensive home with a minimum down payment of only 10%
We offer a preferred payment plan on certain Jumbo Loans that can reduce your interest rate by .250%. If you are ready to purchase the home of your dreams, we at the Michael Lara Group are ready to help. Contact us today at (480) 246-3719 and speak with one of our professionals about our Chandler loan programs.