Jumbo Loan in St. Louis, Missouri
American Equity Mortgage wants to put you in your dream home and get you to a better place. Our jumbo loan program is available for new home purchases or refinances. We have designed generous criteria to accommodate creditworthy borrowers who need jumbo loans in St. Louis at competitive market rates.
Jumbo loans are an ideal solution for borrowers seeking a mortgage or loan greater than conventional conforming loan limits set by Fannie Mae and Freddie Mac. In 2016, the conforming loan limit for a single-family home is $424,100 for all states in the continental U.S. American Equity Mortgage provides jumbo loans up to $3 million, and clients may qualify with a FICO score as low as 680!
Jumbo Loan Benefits & Features*
- Purchases up to 90% LTV
- Rate & Terms 90% LTV
- FICO’s down to 680
- Fixed, ARM, and interest only ARMs available
- First time homebuyers are permitted
- Max LTV on Cash Out is 70%
- Loan amounts up to $3M on single family primary residence in most states
Contact American Equity Mortgage and take advantage of competitive interest rates with our jumbo loan program. This is a unique opportunity for home buyers in Missouri to purchase the home of their dreams with a fixed-rate or adjustable-rate loan. We know that timing is essential in the highly competitive St. Louis market, so our loan originators will quickly work to close your loan. Please complete the “Apply Today” form and see if you qualify for a jumbo loan in St. Louis.
American Equity Mortgage serves St. Louis and the surrounding metro areas including, but not limited to: Mehlville, Maryland Heights, Cahokia, Brentwood, Chesterfield, Florissant, St. Charles, High Ridge, and O'Fallon.
* Guidelines may vary by geographic location