SmartMoney

Financial tips and money-saving advice from USU Credit Union

Jumbo Loans Without a Jumbo Hassle

February 11, 2022

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Enjoy a Jumbo Loan without the Jumbo rates and Jumbo fees.

In 2022, the minimum loan limit for Jumbo Loans is being raised from $548,250 to $647,200.

Jumbo Loans let you choose from fixed or adjustable rates, and financing up to 90% loan-to-value. Down payment requirements are flexible, and we have options that will not necessitate private mortgage insurance.

If you’re in the market to purchase a home, it’s important to know that offering more than $647,200 can result in stricter underwriting requirements and potentially increase the time for processing the mortgage. To avoid Jumbo headaches during the borrowing process, it’s crucial that home buyers work with a lender that specializes in Jumbo Loans.

The Jumbo Loan experts at Goldenwest and USU Credit Unions are excited to meet with you about your next home purchase, or strategic plans for a cash-out refinance. They are taking in-person or virtual appointments to discuss your options, plus they are always available to respond to your questions with a quick call.

Contact any of our Jumbo Loan experts today!

Tonya Froerer801-786-8484tfroerer@gwcu.org
Geni Townsend801-786-8442gtownsend@gwcu.org
Chad Hyatt801-786-8281chyatt@gwcu.org
Jon Campbell801-878-3041jcampbell@gwcu.org
Stephanie Taylor801-786-8280staylor@gwcu.org
Jennifer Melling801-786-8201jmelling@gwcu.org
Bryce Peterson801-337-8371bpeterso@gwcu.org
Cindy Weeks435-713-1810cweeks@usucu.org
Paige Yearsley801-786-8282pyearsley@gwcu.org
Dustin Hodges801-786-8439dhodges@gwcu.org
Dave Johnson435-713-1957djohnson@usucu.org

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