Marco Island Jumbo Mortgage
If you have reached a certain station in life, chances are that when you start looking for a home, your dream home or vacation home is going to cost in excess of $550k. This price range often means that you are going to face some challenges getting financing. When you are purchasing a second home, a Marco Island jumbo mortgage is considered any loan amount in excess of $417k. For a primary residence, mortgages in excess of $448,500 are considered jumbo in collier county. Our lender source has high loan to value ratios and is poised to provide better rates and programs than your traditional bank.
Finding a Marco Island jumbo home loan
What many people do not realize is that typically, these loans are not eligible for underwriting by the biggest mortgage insurers, namely Fannie Mae and Freddie Mac. This is because they fall outside of the guidelines for these entities. Oftentimes, this means finding a bank for your jumbo mortgage is out of the question. That’s when Core Mortgage Financial can help. You can apply online or call us today.
What Core Mortgage Financial offers
Finding the right mortgage lender for your Marco jumbo home loan is not the easiest task you will undertake. Most of these mortgages are done by direct lenders who may not advertise in local newspapers and trade magazines. However, Core Mortgage Financial has personal relationships with lenders who specialize in providing the best Marco Island jumbo home loan programs. We know where to look to get the best possible terms for our clients.
You can rest assured that we know what information we need to provide to each lender who accepts applications for a Marco Island mortgages. We have worked with a wide variety of jumbo and super-jumbo mortgage specialists. We understand the unique challenges of placing these loans with the right lender. We are also up-to-date on the current interest rates, loan requirements and available terms.
Instead of searching all over the place for your Marco Island jumbo home loan, contact Core Mortgage Financial today. We will put all of our efforts into finding you the right mortgage for your home. Whether you need a jumbo mortgage to purchase a new home or refinancing, we can help.
Call our office today at 239-431-5889 and speak with a Marco loan originator!
You can also APPLY here !
Disclaimer: This article is for informational purposes only. Rates, programs, guidelines, loan amounts are subject to change without notice. NMLS #849597