Call to Speak to a Live Loan officer!

(800) 960-4565

Jumbo Loans

Competitive rates on loan amounts up to $3,000,000

Jumbo Loans

Competitive rates on loan amounts up to $3,000,000

Texas Jumbo Home Loans

Looking to buy a larger, luxurious abode in Texas? If the loan value exceeds $424,100 then a jumbo home loan may be right for you. A jumbo mortgage is a home loan with an amount that exceeds conforming loan limits imposed by Fannie Mae and Freddie Mac, in Texas that value is $424,100. Texas Jumbo Home Loans have no PMI (private mortgage insurance), so the down payments are larger and the credit score requirements are typically no lower than 700. If you are going to qualify for a Texas jumbo mortgage then you will have to document income and assets in order to get approval. In Texas, the maximum debt-to-income (DTI) ratio for jumbo loan borrowers is 45 percent. The required reserve amount for jumbo borrowers is generally at least six (s) months’ in reserves after closing, while conforming and some government loan types may be require only have one or two months and in some cases require no reserves.  Call today to find out if a Jumbo Home Loan is right for you.

Texas Jumbo Mortgage Lenders

  • Over $424,100 Home Loan Value
  • Up to $3,000,000
  • 80% LTV Maximum
  • Subject to Investor Requirements
  • Fixed Rate & Adjustable Rate Options
  • Local Texas Customer Service

Call today to speak to Learn more about Texas Jumbo Loan options – 512-237-7400.

More about Texas Home Loans, FHA Home Loans, and Texas VA Home Loans

San Antonio Texas FHA Home Loans

Apply for Your Jumbo Loan Today!Apply Now

About Jumbo Home Mortgages

Non-Conforming Mortgages also referred to as Jumbo Mortgages are unique in that they are not securitized with either Fannie Mae, Freddie Mac or FHA. These mortgage loans are backed by private investors. This means that there is no guarantee provided to the investor so consequently the mortgages guide lines are not standardized and generally subjected to the investor guidelines/requirements. These guidelines are typically more restrictive, but do make it possible for larger purchases to be financed at competitive rates and fees. With the aforementioned down side of a Texas jumbo loan, the upside is that jumbo mortgage rates are currently at historic lows, and interest on loans up to $1,000,000 are tax-deductable. Find out how low jumbo mortgage rates are today and lock it in today! Get award-winning customer service with Lone Star Financing – Your Trusted Lender for Jumbo Home Loans in Texas!

Texas Jumbo Mortgages – video

Texas Jumbo Lenders

Texas,TX Branch Manager, Russel StoutRussell Stout NMLS#4567432

Texas, TX Branch Manager
(800) 960-4565
[email protected]
Russell is a University of Texas finance graduate and has been helping people with their mortgages for more than a decade.  Let Russell and his team help you with your next home loan or mortgage refinance and learn why more Texans are choosing Lone Star Financing!

Need Expert Home Loan Advice?

Have Questions Let's Talk