Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Currently that amount is set at $417,000 and $729,500 for High Income Areas. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes, and usually require a higher down payment than traditional loans.
Peterson Funding is the leading Mortgage originator of Jumbo and Super Jumbo loans in the state of Utah. We can lend up to $25 Million and offer high networth individuals flexible qualifying parameters.
Our Jumbo and Super Jumbo rates are often the lowest and most competitive rates offered in Utah and we receive more referrals for these types of loans than any other lender in the state.
Please email us at contactus@petersonfunding.com or call us at 801-305-4665 to discuss our special rates and terms for your jumbo lending needs.
