Jumbo Loans

Get Your Dream House

You’ve worked hard, scrimped, and saved. You deserve to buy your dream home.  A jumbo loan can make that happen.

What makes a loan ‘jumbo?’

The general rule of thumb is that a loan is jumbo if it is over $417,000. More specifically, however, a loan is jumbo if it is above the limit backed by Fannie Mae and Freddie Mac in your geographic area.
With these large loan amounts, qualifying standards can be a bit more stringent, usually higher credit scores and down payments are required. Borrowers also need to have more ‘reserves’ compared to other loan types.

You can also choose to increase your down payment and borrow less than $417,000. This would be very realistic if the mortgage is only slightly above the jumbo loan threshold. Additionally, there are other creative financing options that The Staples Group can help you with! Once of the most common ways to do it is through an 80-10-10 loan. This means you may have to only put 10% down to avoid mortgage insurance.  We are ready to help you purchase your dream home.


We chose a jumbo loan to help us achieve our retirement home goals. We have worked hard and wanted to upgrade to our dream home. Becky was been great to work with, I love the videos she sends to introduce clients to the whole mortgage process, they helped a lot! We appreciate how available she is and prompt to return calls and emails. She is very knowledgeable and so able to find various ways to accomplish the necessary documentation for our loan process. She also sent me such a nice note letting me know we were doing a good job getting our paperwork done!

– The Reader Family

UTAH: 435-216-3081 OR ARIZONA: 480-244-9002

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