Jumbo loans are perfect for buying a new home with a larger-than-average price tag.

A jumbo loan is one where the loan amount is over the conforming limit. Because such a large amount is being borrowed lenders often charge slightly higher interest rates for these loans. That conforming loan limit varies based on your location and is higher in areas of the country with higher housing prices.

Key Features of Jumbo Loans

Mortgage Loan Product Highlight Icon

Only 5%-15% and No Mortgage Insurance

Several other jumbo loan programs make it a requirement for borrowers to put 20% down. At Southern Trust, we have a 5/5 Jumbo ARM loan which allows qualified borrowers to put as little as 5% down with no MI!

Mortgage Loan Product Highlight Icon

Use a Jumbo Loan to Purchase or Refinance

Our jumbo loan programs give the borrowers maximum flexibility, allowing you to use it when purchasing a new home or refinancing your current one.

Mortgage Loan Product Highlight Icon

A Smart Choice for Potential Investors

With our jumbo loan, qualified borrowers can purchase single family homes, townhomes, 2 to 4 unit properties, and condos!

Jumbo Loan Overview

A jumbo loan can be classified as a loan in which the loan amount exceeds the conforming limit. Interest rates for these loans, however, tend to be slightly higher because there is such a large amount being borrowed from the lenders. Additionally, conforming loan limits are based on the borrower’s location. Areas that have more expensive priced houses often have a higher limit.

Options and Benefits include:
  • Can be used to purchase a home or refinance your current home
  • Only 5%-15% down!
  • No mortgage insurance jumbo loan options available!
  • Can be used for vacation properties or second homes
  • A great option for financing an investment property
  • Can be used to purchase single-family homes, townhomes, 2 to 4 unit properties, and condos

Why trust Southern Trust with your home financing?

Founded in 1998, Southern Trust Mortgage is a full-service mortgage lender. We offer diverse mortgage products designed to meet any home financing need. Our continued success is a result of the outstanding customer service we offer our clients and business partners. All of our loans are expedited through local processing, underwriting, and closing agents. Our industry-leading service truly sets Southern Trust Mortgage apart.

Southern Trust Mortgage Highlight Icon

In business since 1998

Southern Trust Mortgage Highlight Icon

Very competitive interest rates

Southern Trust Mortgage Highlight Icon

Over 65,000 loans closed

Southern Trust Mortgage Highlight Icon

In-house underwriting, processing and funding

Southern Trust Mortgage Highlight Icon

Licensed and experienced mortgage loan officers.

Southern Trust Mortgage Highlight Icon

Focused on developing relationships and trust.