What is a Jumbo Loan?

A jumbo loan is a mortgage that is larger than the conforming loan limits set by the Federal Housing and Finance Agency (FHFA). As of 2024, the conforming loan limit for a single-family home is $766,550 in Texas.  Jumbo loans can be used for primary residences, second homes, vacation homes, and investment properties. They can have terms of up to 30 years and can be fixed-rate or adjustable-rate. 

At Canopy Mortgage, we understand the unique needs of Texas homebuyers seeking jumbo loans. We offer competitive rates and personalized service to ensure you get the best deal possible. Contact us today to discuss how we can help you secure your dream home.

When to Consider a Jumbo Loan

Wondering if it's time to explore jumbo loans? Here are some indicators that you might need to consult with a professional:

• Purchasing a high-value property
• Need a loan amount exceeding conventional loan limits
• Looking for flexible loan terms
• Have a strong credit score and financial profile
• Desire competitive interest rates
• Seeking expert guidance through the loan process

Get in touch with us to see if a jumbo loan is the right fit for your needs.

The Advantages of Choosing Canopy Mortgage

Opting for a professional mortgage company like Canopy Mortgage comes with numerous benefits:

• Same-day service availability
• Lower interest rates
• Advanced technology for a seamless experience
• Personalized service from real people
• Over 20 years of expertise

Contact Us

Ready to take the next step? Call Canopy Mortgage today to discuss your jumbo loan options and secure the funding you need for your dream home.