Are there any special requirements for a Jumbo Mortgage?

There are a few special requirements for a Jumbo Mortgages. Jumbo Mortgages can range range from $806,500 to $1,000,000. They require a minimum down payment of 20% (80% Loan-to-Value) and a minimum credit score of 740.* This is a full-document loan.

*Call us at 1-800-323-2611 for current rates and payment examples. Homeowners insurance required. We lend in all of Illinois on primary and secondary residence, Single-Family homes only. Minimum credit score of 720. Does not include 2-4 flat or apartment complex financing. Consult a tax adviser regarding deductibility of interest. Must be a Member in good standing. Other restrictions may apply.