Port Saint Lucie Jumbo Loans

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Every now and then, dream homes are extremely large, luxurious and unfortunately cost a lot more than we can pay cash. Why? Because obtaining a Port Saint Lucie mortgage loan of that magnitude is virtually impossible. Or is it? Are you aware that Port Saint Lucie Florida jumbo mortgages allow you get your ideal 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 Lucie FL Jumbo Mortgage?

Basically, a Port Saint Lucie Florida jumbo loan is just your larger than average home loan. Normal sized mortgages are capped at a state-conformed size of roughly $417,000. With that being said, jumbo 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 real question pertains to why a Port Saint Lucie jumbo loan should be requested. The answer, because why not. If your trying to buy an expensive property, and a conforming mortgage loan just won’t do, then your goal is to acquire a jumbo loan instead. After all, nobody would want to let their ideal property out of their grasps.

Basic Requirements for Port Saint Lucie FL Jumbo Loans

While Port Saint Lucie jumbo loans may sound like a the ideal fit, there are always a number of requirements to meet. With jumbo loans, you need to:

Make a down payment of at least 20%
Have your income documented
Make sure that your monthly mortgage payments are lower than or equal to 38% of your untaxed income.

How to go about obtaining a Port Saint Lucie jumbo mortgage

If you are trying to acquire a jumbo loan, all you need to do is ask your lender for one. They will guide you through obtaining a jumbo mortgage and assist you in getting the property you’ve always wanted. It’s that easy.

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 provide answers to as many questions as you have about jumbo loans, or any other mortgage loans for that matter.

 

Contact Us

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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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