Jumbo Homes Loans
When a loan amount reaches a certain point, Jumbo and Super Jumbo Loans can offer high-end financing that a traditional loan can’t. With a jumbo mortgage, you’ll get great rates for your big loan. With a choice between fixed or adjustable rates, our jumbo loans offer maximum flexibility for home financing for larger loans.
Have questions? Give us a call at (317) 324-0191
How It Works/Payments
- 30 & 15 Year Fixed Rate Jumbo Loans — May be good options for borrowers looking for the security of fixed rate products.
- 3, 5, 7 and 10 year adjustable rate mortgages offer a low introductory rate for a set number of years. After the introductory rate period ends, the rate beings to adjust up or down based upon the loan’s caps, margins and the indexes tied to the loan.
- You can visit Fannie Mae’s website here. Under the Resources’ Heading, click on the Loan Limit Look-up Table. The table allows you to check the limits by County. Loan limits are higher in high cost areas.
- Be-sure to note that I n limits change by the number of units. The general limit for a l i unit home st areas is 2-units is $533,850, 3-units is $645,300 and 4-units is $810,950. Limits change periodically. Please contact us for the most -up- -date figures. Jumbo loan products available for primary residences, second homes, and investment properties.
If you have any questions, please give us a call. (317) 324-0191.
Working with Mid America Mortgage, Inc.
- We put YOU first.
- Mid America Mortgage offers some of the most competitive rates in the Nation!
- Fast and efficient, we use the latest in e-closing technology to close our loans. We offer a variety of loans. Mid America Mortgage will find you the loan that is right for you!!!
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