Jumbo Loans
Now offering Jumbo loans with 3.5% Down Payment!
APPLY NOW
Need a Jumbo Loan?
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2024, the limit is $766,550 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $1,149,825. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.
We’ll help you clearly see the differences between loan programs, allowing you to choose the right one for you – whether you’re a first-time home buyer or a seasoned investor.
How It Works
Call or Apply Online
Our licensed loan officers are ready to help answer any questions that you have. Taking an application over the phone could be as quick as 10 minutes.
Get Approved
We will review your loan application, your property will be appraised, underwritten, and approved.
Fund
Once all items have been satisfied and we are clear to close, loan docs will be drawn. You’ll sign loan docs and your loan will fund.
Why Equinox?
Here at Equinox Home Financing, we pride ourselves on providing solutions to self-employed home buyers and borrowers. If you can’t provide proof of income or you are like most other business owners who have an overage of tax deductions, we can help you!
Yes, We are the Jumbo Loans Experts.
Here at Equinox Home Financing, we’ve helped thousands of self-employed and business owners either buy a home or refinance their mortgage by using a jumbo loan. Once we have reviewed your loan application, we will be highly certain that you do qualify. This is why our conversion ratio is so high. Don’t believe us? Call us today to find out.
Funded Jumbo Loans
%
Application to Closing Conversion
Answers to Your Questions
What is a Jumbo Loan?
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2024, the limit is $766,550 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $1,149,825. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk. With a jumbo loan, we look at things like your credit score, income, and down payment amount to see what you qualify for. The homeowner or buyer must demonstrate that they have enough income and credit history to qualify.
Is My Credit Score a Factor in Getting Approved?
When doing a jumbo loan, we do look at your credit score. Credit can go as low as 620 FICO score at times. With jumbo loans, factors like past short sales, foreclosures, or derogatory credit have an impact on qualification. If your financial situation makes sense today, we can lend you the money you need for a jumbo purchase loan or a refinance loan.
What Kind of Loan Terms Do You Offer?
Jumbo loans come in all types of loan terms. It’s a very flexible program that can help you get the payment that you need. Jumbo loans are available as a 5 Year Adjustable Rate Mortgage which will get you the best interest rates. If you want a longer term, we have a 7 Year Adjustable Rate Mortgage available and a 30 Year Fixed Rate option available as well. Some borrowers prefer interest only payments which we can do as well, so that you can keep your monthly payments as low as possible.
How Do I Get Qualified?
The process is simple. When most people call us, they are usually skeptical about the program and if they can really qualify. Here at Equinox Home Financing, we have been providing these programs since they have been made available and have been able to help many borrowers purchase or refinance their homes. First step is to call us, a professional will help consult you and explain how our programs work in detail. There are many types of programs and it’s best to speak with us so we can guide you in the right direction.
What Type of Properties Can I Finance?
It depends what type of loan program you are qualified for. With a jumbo loan program, we can offer this loan on a Owner Occupied, Second Home, or Investment Property. We can lend on single family residences, condo’s and 1-4 unit properties.
Our Latest Funded Loans
Take a look at some of the loans we recently funded for our self-employed customers
Los Angeles, California
- Bank Statement Loan
- 10% Down Payment
- $1,200,000 Loan Amount
Tampa, Florida
- Bank Statement Loan
- 25% Down Payment
- $475,000 Loan Amount
Plano, Texas
- 2 Year 1099 Loan
- 15% Down Payment
- $505,000 Loan Amount
Testimonials
Read what our customers are raving about
What Are You Waiting For?
Call us today. A licensed representative is on stand by to help you with your financing needs. There’s no need to wait any longer. Get financing now!