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Jumbo Loans

Jumbo loans photo from CTC Mortgage

Jumbo Loan Specialists

Thinking about applying for a Florida jumbo loan? Jumbo mortgages offer several benefits including tax deductions. CTC Mortgage, a West Palm Beach jumbo lender, offers an online solution with our secure application, which you can find here.


The Top Benefits of a Jumbo Loan

There are several significant benefits you will enjoy if you take out a jumbo loan. Some of the top benefits of jumbo loans include:


You Access More Money

If you have a solid credit score, you can access more money. If you decide to go with a traditional loan, there are strict limits you may face. This can make it very difficult for you to take out enough money to purchase your house. With this type of loan, you can access the money you need to purchase the house of your dreams. Furthermore, with a payment jumbo loan, you can even purchase a luxury home. If there is a house you have had your eye on for a long time, this type of loan could be the answer for you. You can avoid conforming loan limits.


You Don’t Necessarily Need To Put 20 Percent Down

Depending on the loan amount you take out, you may not necessarily need to put 20 percent down. Payment jumbo loans can make it much easier for you to save up money for a down payment. For example, you may only need to put down 5 percent, making this much different than a conforming loan with Fannie Mae and Freddie. It would be our pleasure to talk with you about how much money you need to put down for your loan. There are a number of factors that will impact this, including your debt to income ratio, but we will work with you to find the right type of loan for your mortgage.


You Can Purchase a Larger Home

With these types of loans, you will have the money necessary to purchase a larger home. We understand that real estate values can change quickly, and you might be interested in purchasing a larger house. You might even be looking for a beautiful house with a Spinner White Decorative design to them. Your credit scores and help you qualify for a larger house, and you will have the money necessary to purchase enough space for yourself and your children. This is particularly helpful if you are planning on establishing a multi-generational home. Regardless of whether you are looking for a fixed-rate mortgage or something else, a 5 down payment loan could be the answer.


You Can Consolidate Financing for Your Home

If you want to purchase a larger single-family home, you might be reviewing multiple loan options. Having to take out multiple Home Loans can drive up your closing costs, and this can be frustrating for home buyers. You pasta to play all of your cash reserves for this type of payment, but we can help you with that. If you want to consolidate your monthly mortgage with one payment, a jumbo loan can do exactly that. The payment and closing process is much easier if you have a single home loan instead of asking multiple lenders for help. Instead of talking to multiple vendors, consolidate financing for your home with this offer jumbo loan.


Why Trust Us for Your Jumbo Loan Lender Needs?

If you are looking for financing for your next home, you should work with us. Some of the reasons why you should trust us include:

  • As little as 5% down JUMBO program
  • Customizable programs
  • Fixed AND adjustable mortgages
  • Low-interest rates

These are a few of the biggest reasons why buyers trust us if they are looking for a jumbo loan for their house.


What Do You Need?

If you want to apply for a jumbo loan in cities West Palm Beach, Palm Beach, Miami, Boca Raton, or high-cost Florida areas like Key West, gather the following income and employment documents:

  • Last 2 years of 1040 Tax Returns
  • Last 30 days of pay stubs

If you are Self-Employed:

  • 1065 federal partnership tax returns for the past 2 years
  • 1120 corporate income tax returns for the past 2 years
  • YTD profit and loss statements
  • K-1s and S-Corporations for the past 2 years

Gather these documents ahead of time to save time and stress!


Contact Us Today To Learn More About Your Jumbo Options

When you’re ready, or if you’re unsure of your jumbo mortgage eligibility, we invite you to get Pre-Qualified online or Contact Us so we can get you Cleared To Close! It would be our pleasure to work with you to help you find the home of your dreams!

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CTC Mortgage

(561) 983-6413

4803 PGA Boulevard
Suite B
West Palm Beach, FL 33418

NMLS # 371182

nmlsconsumeraccess.org

Equal Housing Lender