These are loans that are $1,000,000 to $5,000,000. Typically the rates on a Super Jumbo loan are 3/8% to 1/2% higher than conforming loans. Although good credit standing is required, but at MORTGAGE BANKERS we have loan programs available for the credit challenged also.

No income verification loans, investment property loans and second homes are available on Super Jumbo loans. Although fixed rates are available for Super Jumbo loans, adjustable rates specially based on the more popular 11 District Index (COFI) are also offered.