A Jumbo Loan is a mortgage loan that exceeds the conventional limit of $647,200.00. This type of mortgage loan takes longer to close, as it has to go through 2 underwriting processes. In some cases, it might also require 2 appraisals.
*Rates, fees, and Annual Percentage Rates (APRs) displayed are intended as mortgage market indicators only, are time-delayed, and may change without notice. The information provided assumes the purpose of the loan is to purchase a primary residence, single-family dwelling in Utah with a 20% down payment. The rate-lock period is 30 days and the assumed credit score is 740. Actual rates, fees, and APRs may vary based on these and other factors. There may be additional fees assessed by the investor that will increase the APR. NMLS#631141