Pricing has gotten much better
Anyone who got there Jumbo mortgage between 2022 & 2024 should be looking at their financing again. Let’s do the math
Jumbo & High-Balance Conforming Loans: What You Need to Know
Looking for financing above the standard conforming loan limits? This video explains the difference between conforming, high-balance, and jumbo mortgages—starting at $806,500 and up. Learn how jumbo loans and high-balance options can offer competitive rates, sometimes just above 6%, when paired with strong credit, low loan-to-value ratios, and verified income.
We also cover county-specific availability, such as high-cost areas like Monroe County (Florida Keys), and why borrowers who secured jumbo loans between September 2022 and May 2024 should consider refinancing. With current jumbo rates significantly lower than the 8% highs of two years ago, many homeowners are saving over $1,000 per month through rate-term refinances.
Ready to see your savings? Call Preston Ware at Lake Worth Beach Mortgage (561) 329-0075 for a quick 15-minute consultation and a personalized estimate.