Jumbo Loan Programs
There are many different loan programs available to jumbo mortgage borrowers; almost as many as are available to conforming loan borrowers. The most appropriate program for you depends on your particular circumstances. Some factors to take into account are the length of time you plan to remain in the home, your outlook for interest rates, your income level and the stability of that income, the amount of flexibility desired in your mortgage payment, and the type and value of other assets owned.
The following is a sample of the different loan programs available to jumbo borrowers:
- 15, 20, and 30 year fixed rate loan programs
- 1/1 ARMs
- 3/1 ARMs
- 5/1 ARMs
- 7/1 ARMs
- 10/1 ARMs
- Interest-Only ARMs
Qualifying properties include:
- Primary Residences
- Vacation Homes
- Condminiums
- Duplexes
- Townhomes
For additional information on the programs currently available in Texas, give us a call at (832) 286-1600.