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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.


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*All rates are subject to approval with 80% loan to value, 740 fico and Fannie Mae, Freddie Mac and FHA loan limits apply.

Omni Fund, Inc. - 26395 Jefferson Avenue Suite E - Murrieta, CA 92562
Office Phone: (800) 446-9043