Saint Petersburg Jumbo Loans


Sometimes, the perfect homes are extremely large, lavish and unfortunately more than we can afford. Why? Because obtaining a Saint Petersburg mortgage of that magnitude is somewhat difficult. Or is it? Did you know that Saint Petersburg Florida jumbo mortgages allow you to obtain your ideal home; regardless of how much it costs? If not, that’s ok as we are detailing how below.

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What is a Saint Petersburg FL Jumbo Mortgage?

Basically, a Saint Petersburg Florida jumbo loan is just a loan which is larger than your average mortgage. Regular mortgages are capped at a agency conforming size of roughly $417,000. With that being said, jumbo mortgages increase above and beyond that limit and can increase to as high as $3,000,000.

Why Obtain a Saint Petersburg Jumbo Home loan?

The real question pertains to why a Saint Petersburg jumbo loan should be requested. The simple explanation, because why not. If you want to obtain a huge property, and a regular mortgage just won’t do, then your goal is to obtain a jumbo loan instead. In theory, nobody wants to let their dream property slip form their fingers.

Eligibility Necessities for Saint Petersburg FL Jumbo Loans

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

Put down at least 20%
Have your income documented
Make sure that your monthly mortgage payments are lower than or equivalent to 38% of your gross income.

How to get a Saint Petersburg jumbo mortgage loan

If you are trying to obtain a jumbo loan, all you need to do is ask your mortgage company for one. They should be able to guide you through obtaining a jumbo mortgage and assist you in getting the property you’ve always wanted. It really is that simple.

If you would like more information on Saint Petersburg FL jumbo mortgages, please contact us at (877) 442-4023. We will be more than happy to provide answers to as many questions as you have about jumbo mortgages, or any other loan program for that matter.


Contact Us


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

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