Jumbo Loans | Area Home Lending Baton Rouge
Jumbo Mortgage Loans in Baton Rouge exceed $453,100.00 which is the maximum loan amount established by either a Fannie Mae or Freddie Mac conventional home loan. Requirements Jumbo loans in Baton Rouge exceed the amount of a mortgage that Fannie Mae and Freddie Mac are willing to guarantee, which is equal to or lesser than $453,100.00 for a single family home. Jumbo loans typically require down payments, credit scores and reserves that are higher than conventional loans. Benefits Jumbo loan rates are at a historic low in Baton Rouge, and interest on loans up to $1 million is tax-deductible. Jumbo loans also have no private mortgage insurance requirements. GET STARTED - APPLY NOW!