Jumbo Loan - Aaron Johnston - Portland, OR

Aaron Johnston
NMLS# 209217
Portland, OR Loan Originator
Aaron Johnston, Loan Officer in Portland, OR
Aaron Johnston
Go to Aaron's PageAaron Johnston, Loan Officer in Portland, OR
9755 SW Barnes Rd
Ste 470
Portland, OR 97225
US
NMLS# 209217
Licensed to originate: OR, WA
Day of the WeekHours
Mon8:00 AM - 5:00 PM
Tue8:00 AM - 5:00 PM
Wed8:00 AM - 5:00 PM
Thu8:00 AM - 5:00 PM
Fri8:00 AM - 5:00 PM
SatClosed
SunClosed

Find Real Time Jumbo Loan Rates

About Jumbo Loans

Jumbo loans provide an opportunity for buyers to finance luxury homes or properties in hot real estate markets. A jumbo loan is a type of mortgage that exceeds limits set by the Federal Housing Finance Agency (FHFA). You can look up current limits on the FHFA’s website. Loan limits vary by county and state, and can change annually, so it’s important to understand the limits for your area.
Apply for a Jumbo Loan

How to Qualify for a Jumbo Mortgage

Non-traditional loan terms

High Loan Limits

Low Interest Rates

Jumbo loans require the lender to take on greater risk because of the amount of capital involved, as well as the more limited market potential of buyers. As such, many lenders have stricter qualifications. Some of the most common qualification requirements for jumbo loans include higher down payment amounts, a higher credit score, and a stronger debt-to-income ratio than other types of loans. You’ll also need to provide more documentation if you are self-employed or have varying sources of income. Additionally, your lender will want to look at how much cash you have on hand to ensure you have an available reserve of mortgage payments available.

Loan limits in Portland, Oregon

Non-conforming loans are used when the loan amount is above the conforming loan limit for the property’s area. You can look up the conforming loan limits for your area.
Talk to a Jumbo Loan Expert

Frequently Asked Questions