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Delivering a digital mortgage application for our online "Savvy" clients and industry referral partners.
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Buying and Refinancing is easy with our professionals' help.
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Our ProQuote.Mortgage app is available in app stores Now!
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We have licensed mortgage professionals near you!
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VA Purchase and Streamline Refinance Mortgages are hot right now!
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Communication among Clients, First Equity, and industry referral sources is seamless!
Jumbo Loans
A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $548,250 in most counties, as determined by the Federal Housing Finance Agency (FHFA). Homes that exceed the local conforming loan limit require a jumbo loan.
Also called non-conforming conventional mortgages, jumbo loans are considered riskier for lenders because these loans can’t be guaranteed by Fannie and Freddie, meaning the lender is not protected from losses if a borrower defaults. Jumbo loans are typically available with either a fixed interest rate or an adjustable rate, and they come with a variety of terms.
About Us
We've been helping customers afford the home of their dreams since 1987. We would enjoy and appreciate helping you.
Company NMLS:
www.nmlsconsumeraccess.org
Rate are subject to change any business hour with market fluctuations. All loan approvals are conditional, not guaranteed, and subject to lender review of all information. Loan is conditionally approved when lender has issued approval in writing, but until all conditions are met, the loan cannot be funded. Specified rates may not be available for all borrowers. First Equity Home Loan, Inc. is an Equal Opportunity Mortgage Lender/Broker, licensed as a consumer lender in Alabama, NMLS #204559
Read Our Reviews
"Andy Boes from Landon Jackson Realty worked with me for 3 years to find a house through several zip codes and finally we were able to find the perfect house. He was great to work with, always on time to appointments, easy going, and courteous. I'd highly recommend using Andy!" Kjell Adams