LOAN PROGRAM
Jumbo Loans
Financing for homes above local conforming limits.
How it works.
A jumbo loan generally applies when the amount you need to borrow exceeds the conforming loan limit for the property’s county. It can make higher-priced purchases possible through loan programs built for larger balances.
At a glance
- For borrowing above applicable conforming limits
- Requirements vary by lender and program
- Fixed or adjustable rate options may be available
What to consider
Lenders may ask for stronger credit, reserves, and more documentation. Limits change by location and year, so discuss the specific property and loan amount with a Barrett mortgage professional.
Program details and qualification depend on the lender and your circumstances.
Explore your next step
Get guidance on eligibility, costs, and how this option compares with others.