HIGH VALUE
Jumbo Loans
Financing for properties that exceed the conventional conforming loan limits. Designed for higher-value purchases with competitive terms.
Above Conforming Limits
Loan minimum (MA)
$806,501+
Above conforming limit
Down payment
10-20%
Varies by lender
Credit score
700-720+
Lender-dependent
Reserves required
6-12mo
Liquid assets
WHY BUYERS LOVE IT
Finance luxury or high-value properties in one loan
Competitive rates with customized terms for larger purchases
Available as fixed or adjustable rate
No need to take out multiple loans for high-value properties
THINGS TO CONSIDER
Stricter underwriting — income, assets, and credit scrutinized more closely
Higher reserve requirements and larger down payment typically needed
Ideal for: Buyers purchasing higher-value homes in competitive markets like Norfolk County, waterfront properties, or luxury real estate that exceeds conventional loan limits.
Settle down in your new home without a loan you had to settle for
MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER
Aisha Barbosa NMLS # 2401636 | LMP Financial NMLS # 2754084
Licensed in Massachusetts and Rhode Island
