Take advantage of a jumbo loan when financing is required for a higher-price range project.
When financing is required for a higher-price range project, a jumbo loan can be the ideal fit for your needs. A jumbo mortgage is a home loan that exceeds the $417,000 conventional conforming limit set by Fannie Mae and Freddie Mac for a single-unit property.
Unlike many other banks, we keep our interest rates the same on jumbo loans – up to $650,000. And we offer competitive rates for loans over this amount, too, with a maximum loan of $1,000,000. Jumbo loans can be used to build, purchase, or even refinance a home.
Westfield Bank jumbo loans include the following features:
- Competitive fixed rates
- Variety of terms available
- Financing up to $1 million
Mortgages are originated by Westfield Bank, FSB (NMLS #507706). All loans are subject to credit review and approval.