Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. In most areas, Atlanta included, those loan limits sit at $417,000
Since Jumbo Mortgage Loans don't have a secondary market as robust and Fannie and Freddie they typically carry slightly higher rates.
However, the luxury home market in Atlanta and throughout the country has performed fairly well throughout the mortgage crisis. Jumbo lenders have recognized the potential and these loans have become more attractive to them.
What does that mean to the jumbo Home buyer in Atlanta? It means LOWER RATES and increased HOME AFFORDABILITY!
Jumbo Mortgage clients typically have a more complex financial situation then your average FHA or Conventional buyer does.
Often self-employed, sometimes with multiple companies, corporations and businsesses, jumbo mortgage clients present some unique challenges.
Unique challenges require unique solutions. Unique solutions require a season and experienced jumbo loan officer to help guide potential buyers through the sometimes difficult mortgage waters of 2012.
It is imparative that when you are searching for jumbo loan financing you choose a jumbo lender with multiple outlets for your loan.
Jumbo mortgage guidelines are NOT uniform from lender to lender. It's important to understand the sweet spot for each lender may be different and that some jumbo loans may work at one bank, they not at another.
We have spent years researching and testing the jumbo lenders on the market and have developed a list of the few that excel either with interest rate, guideline flexability or BOTH.
Your jumbo loan in Atlanta will not go smoothly without the right lender and right loan originator.
Multiple options, flexible guidelines - Atlanta Home Loans is the premier jumbo mortgage lender in Atlanta.
Not in Atlanta? No problem, we are licensed in Alabama, Florida, Georgia, Tennessee and South Carolina
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