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. A loan is considered Jumbo when it is above $417,000.
Envoy Mortgage does offer loans above $417,000 that are not considered Jumbo through our federal grant funds program ( FHA ) with low down payment options. Call for more info and to see if your loan request qualifies. Envoy Mortgage is a direct lender of all government loans.
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