Jumbo Loans

For those with their sights set on an exquisite property or a home that exceeds conventional lending limits, a Jumbo Loan from Intelligent Mortgage can be the ideal solution. Led by Walt Herschede, our team specializes in financing high-value properties that fall outside the maximum loan amounts set for conforming loans, offering competitive terms and a streamlined process.

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"What Is Jumbo Loans?"

For those looking to purchase a property that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac, Intelligent Mortgage offers Jumbo Loan solutions. These specialized mortgages are designed for high-value properties and provide the financing needed to acquire your dream home without compromise.

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"Latest Jumbo Loans Rates in US"

At Intelligent Mortgage, we understand that luxury homes require specialized financing. Our Jumbo Loan solutions are crafted for homebuyers looking to acquire properties that exceed standard conventional loan limits. Led by Walt Herschede, we provide the significant capital needed for your high-value residence, offering competitive rates and flexible terms tailored to your unique financial profile.

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"Loan Benefits with
Intelligent Mortgage"

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Enjoy no down payment and low rates with flexible loan options.

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Financing available for loan amounts exceeding $1 million

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Custom financing solutions for high-value properties with flexible rate options

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No down payment required with loan financing.

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"Who Qualifies for a Jumbo Loans?"

You may qualify if you meet certain criteria, reflecting the higher loan amounts involved:

  • Property Value Exceeds Conventional Limits: These limits are updated annually and can vary by location. Contact Intelligent Mortgage today to discuss the current jumbo loan thresholds in your specific area and determine if your desired property qualifies.

  • Strong Credit Profile: Due to the larger loan amounts, lenders typically require a higher credit score for jumbo loans. A robust credit history demonstrates your reliability as a borrower.

  • Substantial Down Payment: While requirements can vary, a larger down payment is generally expected for jumbo loans, often in the range of 10-20% or more. This demonstrates a greater equity stake in the property.

  • Manageable Debt-to-Income (DTI) Ratio: Lenders will assess your DTI to ensure you have sufficient income to comfortably manage the higher monthly mortgage payments associated with a jumbo loan. A healthy DTI indicates your financial capacity.

  • Ample Cash Reserves: To ensure financial stability and mitigate risk for larger loans, lenders often look for several months’ worth of mortgage payments in liquid reserves.

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Why Choose Intelligent Mortgage?

At Intelligent Mortgage, led by CEO Walt Herschede, we are profoundly honored to assist our nation’s active-duty service members, Veterans, and eligible surviving spouses in achieving their homeownership dreams. With deep respect and gratitude for your service, we specialize in guiding you through the unique and powerful benefits of VA loans.

We are known for

Understanding of loans underwriting criteria
Strong connections with specialized and private lenders
Prompt and attentive service from a highly rated team
Straightforward guidance with no high-pressure tactics
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"FAQs"

At Intelligent Mortgage, led by Walt Herschede, we distinguish ourselves through our commitment to intelligent solutions and personalized service. We don’t just process loans; we take the time to understand your unique financial situation and goals, then educate you on the best-fit options from our wide range of services. Our focus is on providing clear, transparent advice and ensuring a smooth, stress-free experience from application to closing.

Absolutely! We specialize in guiding first-time homebuyers through every step of the process. We understand that buying your first home can feel overwhelming, which is why we offer dedicated support, explain all the options clearly (including FHA Loans, State and Local Housing Programs, and other low-down payment solutions), and help you prepare for a successful homeownership journey.

We offer a comprehensive suite of loan products to meet diverse needs. Our options include:

  • Adjustable Rate Mortgages (ARMs)

  • Fixed Rate Mortgages

  • FHA Loans

  • VA Loans

  • Conventional Loans

  • Jumbo Loans

  • RHS Loan Programs

  • State and Local Housing Programs

  • Home Equity

  • Refinance options

  • Residential loans of all kinds, including Fix and Flips. We’ll help you understand the pros and cons of each to find the perfect fit.

Loans are a fantastic benefit for eligible veterans, active-duty service members, and certain surviving spouses. Eligibility typically depends on your service history, including length of service and discharge status. While the Department of Loans sets the core eligibility criteria, we can help you understand these requirements, determine your specific eligibility, and assist you in obtaining your Certificate of Eligibility (COE) – a crucial step in securing your loan.

With a Fixed Rate Mortgage, your interest rate remains the same for the entire life of the loan, resulting in predictable monthly principal and interest payments. This offers stability and makes budgeting easier. An Adjustable Rate Mortgage (ARM), on the other hand, starts with a fixed interest rate for an initial period (e.g., 5 or 7 years), after which the rate can adjust periodically based on market indices. ARMs often start with lower interest rates than fixed-rate options, which can be appealing if you plan to move or refinance before the adjustable period begins. We can help you weigh the pros and cons of each based on your financial plans and risk tolerance.

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Join countless service members and veterans across the nation who trust us to guide them through the loan process every step of the way.