Jumbo Mortgage Source

Low Down Payment Jumbo Home Loans

PH: 800-962-0677

Jumbo Refinance

jumbo refinance 2022There are many reasons to refinance your existing jumbo loan. Perhaps you may want to take advantage of historic low-interest rates and reduce your monthly payments, or just change the terms of your loan from a secure fix rate to adjustable rate.

Additionally, cash-out jumbo refinance options are also available for homeowners that have equity and want to pay for a remodel, home addition or higher interest debt consolidation.

Whatever the reason, Jumbo Mortgage Source can help you decide which loan refinance option is right for you. Jumbo interest rates are still attractive for those to consider refinancing.  *As of October 2024, Jumbo interest rates are currently at their lowest level in the past 12 months.

Jumbo refinance solutions with the following benefits:

  • Lowest rates available on jumbo loans
  • Financing up to $9+ million
  • No loan points and hidden fees
  • Fixed 30, 20, 15 year and adjustable rates terms (3-year ARM, 5-year ARM, 7-year ARM) available
  • No closing cost option available to many homeowners
  • Refinances and new purchase home loans
  • Eligible properties include primary residences, second homes, and investment homes
  • Close in as little as three weeks.

Jumbo Refinance Requirements: Rate & Term Only

  • 95 percent loan to value – 700 credit score, $2,000,000 loan amount limit. 95% LTV loans exceeding $1.0M will require a 740 score
  • 90 percent loan to value – 720 credit score, $3,000,000 loan amount limit
  • Loan amounts over $3,000,000 – please contact us

jumbo cash out refinanceJumbo Cash-Out Refinance:

Cash-out refinance can offer a great solution for homeowners that have equity and want to “cash out” to help pay for home renovations or consolidate high-interest debt like credit cards, auto loans, etc.

*Have a question? Just submit the Quick Contact form on this page to connect with a jumbo loan specialist 7 days a week. 

  • Cash out refinance loans to $2M up to 90% loan to value
  • Cash out refinance loans to $3M up to 80% loan to value
  • A credit score of 720+ required
  • Primary homes only
  • Homeowners should have mortgage payment reserves (bank savings or retirement) Exact amount will depend on many parameters like loan amount, credit score, etc.
  • Fix rate and ARM options with no PMI
  • Loan amount limits can vary from state to state

Be sure to read the Jumbo Refinance FAQ here. Homeowners that have questions can contact us Monday–Sunday by calling the number above, or just submit the Quick Contact form.