Designed for borrowers requiring loan amounts in excess of $424,100 to purchase or refinance a residential property. Qualification requirements for income, credit history and assets may be higher than traditional conventional loans. Fixed and adjustable rate loan options are available. Loan amounts up to $3,000,000.
Financing available up to $3,000,000
Dedicated loan advisor with experience helping high-income borrowers finance high value properties
Mortgage Service Guarantee —We'll close your loan on time or pay you $500.
Fixed and adjustable interest rates available
Competitive rates and flexible terms
Cash out options available
Choose to purchase or refinance
A Jumbo loan allows borrowers purchasing higher priced homes to not drain their savings by allowing loan amounts in excess of $424,100. Jumbo loans may require a 20% down payment and good or excellent credit history.
Academy Bank's Mortgage Bankers are very seasoned and knowledgeable on the complicated financial needs of Jumbo borrowers.