Jumbo Mortgage Loans
A Fifth Third Jumbo Loan finances amounts over $647,200.
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What is a jumbo loan? A jumbo loan or jumbo mortgage is used when you wish to purchase a more expensive property or the housing market requires a loan minimum of half a million dollars. Jumbo mortgage loans surpass the borrowing limit of $647,200 set by the Federal Housing Finance Agency (FHFA) for traditional loans. Jumbo loans require a high credit score and meeting stricter criteria because of the risk it places on the lender. Learn more about jumbo loans and contact a Fifth Third Mortgage Loan Specialist for current jumbo mortgage rates.
Do I Qualify?
- You want to borrow more than $647,200
- You have a credit score of 680 or above
- You have a low debt-to-income ratio
- You have cash reserves
- You have proof of employment and income
- You would like to take advantage of today's great rates
Key Benefits:
- Financing on loans up to $3 million
- Fixed rate and ARM* loans available
- Competitive rates
- Standard to low down payment
Mortgage Loan Calculators
Use these easy-to-use calculators to determine what home you can afford and estimated payments.
Determine your maximum home price and mortgage loan amount
Calculate your monthly mortgage payment for a given purchase price, down payment, interest rate, and loan term
Find out how much you can borrow for the home of your dreams
Jumbo Loan FAQs
Additional Resources
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