Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes. Typically Jumbo Loans require a higher down payment than traditional loans.
Jumbo Loans
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Licensing
North Star Mortgage LLC NMLS #379299
Erik Olson NMLS #379970
Contact Us
North Star Mortgage LLC
1720 Adams Street
Mankato, MN 56001
Number:
(507) 387-6789
Hours:
MON-FRI 7AM - 4PM