Port Saint Lucie Jumbo Loans

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Sometimes, dream homes are huge, luxurious and unfortunately more than we are able to afford. Why? Because obtaining a Port Saint Lucie home loan of that size is somewhat difficult. Or is it? Are you aware that Port Saint Lucie Florida jumbo mortgages allow you get your dream home; regardless of how much it costs? If not, don’t worry as First Nationwide Lending is detailing it below.

Call for your Free Quote: (877) 442-4023

What is a Port Saint Jumbo Loan?

Basically, a Port Saint Lucie Florida jumbo mortgage loan is just a mortgage which is larger than your average loan. Regular home loans are restricted to agency conforming size of roughly $417,000. With that being said, jumbo home mortgages increase above and beyond that amount and go up to over $3,000,000.

Why Request a Port Saint Lucie Jumbo Mortgage Loan?

The thing to consider is why a Port Saint Lucie jumbo mortgage loan should even be sought. The simple explanation, because you can. If your trying to purchase a large home, and a conforming home loan just won’t do, then you can acquire a jumbo mortgage loan instead. After all, nobody would want to let their ideal home slip form their fingers.

Eligibility Necessities for Port Saint Lucie FL Jumbo Loans

Even though Port Saint Lucie jumbo loans may sound like a dream come true, there are some requirements to meet. With jumbo loans, you need to:

Put down at least 20%
Document your income
Make sure that your monthly mortgage payments are less than or equal to 38% of your untaxed income.

How to get a Port Saint Lucie jumbo mortgage loan

If you are trying to acquire a jumbo mortgage loan, all you have to do is ask your mortgage lender for one. They should be able to guide you through the process of acquisition and assist you get the home of your dream. It’s that simple.

If you would like more information on Port Saint Lucie FL jumbo mortgages, please contact us at (877) 442-4023. We will be extremely happy to answer as many questions as you have about jumbo loans, or any other mortgage for that matter.

 

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1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

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