Jumbo Loans

Jumbo Mortgage Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits for each of the Counties.

Ventura & Los Angeles Counties conforming Mortgage limit for 2018 is $453,100.  Any loan above this limit is considered Jumbo agency and just a little higher in rate.

Rates on jumbo mortgage loans are typically higher than conforming loans. Jumbo mortgage Loans are typically used to buy more expensive homes and high-end custom construction homes. Typically Jumbo Loans require a higher down payment than traditional loans. Jumbo Loans