CALL SMB 206-251-0818

506 2nd Ave, Suite 1400, Seattle, WA 98104

Jumbo Mortgage Seattle

Jumbo Mortgage Seattle

Buying a home can be a complicated process if you are unfamiliar with the inner workings. Credit scores, loans of a wide variety, closings, insurance, etc. It is an absorbing process in addition to being the most significant financial commitment of our lifetime.

Finding a broker is an essential.

Doing it alone is generally not an option, so finding the right real estate broker to help you throughout the process is imperative to you not only finding the right home that suits your needs and wants but getting the correct interest rates and mortgage price that you can afford without making yourself house poor.

Thankfully, there is one name on the Seattle real estate market that has established itself as a cut above the rest when it comes to finding your next (or first) home.

What is a jumbo mortgage?

A jumbo mortgage is a mortgage loan that is an amount that is above conventional conforming loan limits, though it may have high credit quality. Fannie Mae and Freddie Mac, two government-sponsored enterprises, set the standard and the limit on the maximum value of any mortgage they will purchase from a lender.

When Fannie Mae (FNMA) and Freddie Mac (FHLMC) limits don't cover the full loan amount, then the load is referred to as a jumbo mortgage. The interest rates on jumbo mortgages are traditionally higher than conforming mortgages, though jumbo loans have recently seen lower rates than conforming loans.

In Seattle, jumbo loans start at anything above $726,525, and the limits typically have to do with the amount you are borrowing, not the amount you are buying. IE: If the home you are purchasing is $750,000, but you put $50,000 down, that would mean your loan amount is in the conforming high-balance limit because you are only borrowing $700,000.

Where should I go to help with my jumbo mortgage in the Seattle area?

Seattle's Mortgage Broker (SMB) is one of the premier real estate agents in the Seattle market. We are experienced and dedicated to those in the Seattle area, finding the home that suits their needs and wants, working closely throughout the entire process to keep you abreast of each development.

We work diligently with lenders to get not only the best overall price but the best rates for you as a point of interest can be worth thousands to you in the long-term. There are a great many things that can be done with those thousands other than be deposited into someone else's bank account.

SMB stands out from other competitors.

SMB earns high marks from those who have used our services because we show a dedication to each client that chooses us as their broker. We treat you with courtesy and respect, never glossing over a detail or ignoring a question or suggestion. SMB is here to help you feel as comfortable as possible throughout the home-buying experience so that you can enjoy your home as well as fond memories of just how you bought it.

SMB is one of the best in the Seattle area for many reasons, but our dedication to you is chief among them.

Jumbo Mortgage Seattle
Seattle's Mortgage Broker - Joe Tafolla
2062510818
506 2nd Ave, Suite 1400, Seattle, WA 98104

View Larger Map
We Specialize In:

We welcome your comments!

Jumbo Mortgage Seattle Jumbo Mortgage Seattle Jumbo Mortgage Seattle Jumbo Mortgage Seattle Jumbo Mortgage Seattle

Popular posts