Jumbo Loans
Borrow with Betty believes in homeownership opportunities for everyone, including non-U.S. citizens.
High-Value Home Financing Without Limits
At Borrow with Betty, we understand that some dream homes come with bigger price tags—and that shouldn’t be a barrier to financing. Our Jumbo Loan programs are designed for homebuyers who need to borrow more than the conforming loan limits set by Fannie Mae and Freddie Mac. These loans are ideal for purchasing or refinancing high-value properties throughout Illinois.
Jumbo Loans allow you to finance properties that exceed conventional loan caps, often required in competitive real estate markets or for luxury homes.
Whether you’re upgrading to a larger residence, investing in a second home, or purchasing in a high-cost area, Jumbo Loans provide the flexible funding you need.
Because of their size and risk, Jumbo Loans often require a higher credit score, strong income documentation, and a larger down payment. However, they also offer competitive interest rates and the ability to finance a more significant portion of your home’s value—all without splitting it into multiple loans.
Borrow with Betty works with high-net-worth individuals, professionals, and families who want customized lending solutions for unique financial situations. We take the time to understand your goals and assets, offering tailored options for self-employed borrowers, business owners, or those with complex income structures.
In addition to purchase loans, Jumbo Loans can be used for refinancing existing high-value mortgages—often to secure a better rate, change terms, or tap into equity for major expenses like renovations or investments. Our streamlined process ensures you can refinance efficiently without compromising your financial goals.
We guide you through each step, from qualifying criteria to closing, with clarity and care. Our team understands the nuances of high-value transactions and will help you navigate requirements like appraisals, reserve verification, and income documentation with confidence.
Down payment requirements for Jumbo Loans are usually higher—typically 10% to 20% or more—but may vary depending on your credit profile and overall financial strength. With the right strategy, we’ll help you structure a loan that keeps your liquidity intact while achieving your real estate goals.
Jumbo Loans are also available for second homes and investment properties, giving you the flexibility to grow your portfolio or enjoy a vacation home without financing constraints. These loans can be structured with fixed or adjustable rates to suit your long-term plans.
At Borrow with Betty, we specialize in premium mortgage solutions that match your ambition. When your home vision goes beyond the ordinary, our Jumbo Loans provide the power, flexibility, and expertise to help you own it—on your terms.
