Jumbo Loan - Sydney Morris - Colleyville, TX

Sydney Morris
NMLS# 1719788
Colleyville, TX Loan Originator
Sydney Morris, Loan Officer in Colleyville, TX
Sydney Morris
Go to Sydney's PageSydney Morris, Loan Officer in Colleyville, TX
8074 Precinct Line Rd
Colleyville, TX 76034
NMLS# 1719788
Licensed to originate: TX
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

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 Colleyville, Texas

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