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North Dakota Jumbo Mortgages Loans

You can call our mortgage brokers toll free at 888-694-0455 or appy online.

Our licensed mortgage brokers will get you the best rate on a North Dakota jumbo home mortgage loan for your luxury home. There is no obligation.

The interest rate on our North Dakota Jumbo Mortgages are nearly as low as our
conventional Mortgages. Another way to get the best rate is to consider an Adjustable
Rate Jumbo Mortgage. These are frequently much lower, depending on short term rates.
Jumbo Mortgages are our specialty!
  • We are luxury home specialists!
  • Jumbo mortgages are categorized as loans in excess of $322,700.00 for single-family residences
  • Fixed rate loans always vary in price between conforming and jumbo loan amounts although some adjustable rate mortgages have much higher limits prior to altering the pricing
  • Available up to 4 million dollars
  • Construction, purchase, refinance or refinance with cash-out O.K.


Home loans are classified in a wide variety of ways. They can be classified by the amount loaned, whether the interest rate can be adjusted or not, the length of the payback period and so on. A fairly common and simple term to understand is the jumbo loan.

A Jumbo Mortgage is a mortgage with a loan amount above conventional loan limits. Jumbo Mortgages apply when agency (FNMA and FHLMC) limits don't cover the full loan amount. Fannie Mae (FNMA) and Freddie Mac (FHLMC) are large agencies that purchase the bulk of residential mortgages in the U.S. They set a limit on the maximum dollar value of any mortgage which they will purchase from an individual lender. Currently, this limit is $322,700. This leaves a portion of the market to look elsewhere for placement. Other large investors, such as insurance companies and banks, step in to fill the need with maximum mortgage amounts going to the one million or two million dollar range. The average interest rates are typically greater than normal for conforming mortgages, and vary depending on property types and mortgage amount.

Given the higher risk from the perspective of the lender, you can expect to be treated a bit differently. In this case, lenders are going to charge higher interest rates than you would be able to get with a conforming loan. Before you panic, keep in mind we are talking about a quarter of a point in interest. For example, a conforming loan for $300,000 may have an interest rate of 5.5 percent whereas the same borrower will have to pay 5.75 percent if they borrow $800,000

Cash Out for Home Improvements or Debt Consolidation, etc.

Loan amounts range from $288,000-$2,000,000.

Fixed Rate - Fixed rate mortgage in a variety of terms up to $2,000,000 loan amount.

One Year Treasury ARM - One year adjustable rate mortgage that adjusts annually for loan amounts to $3,000,000.

3/1 Treasury ARM - Adjustable rate mortgage for loan amounts to $2,000,000 that has a fixed rate for the first three years and adjusts annually afterward.

5/1 Treasury ARM - Adjustable rate mortgage for loan amounts to $2,000,000 that has a fixed rate for the first five years and adjusts annually afterward.

7/1 Treasury ARM - Adjustable rate mortgage for loan amounts to $2,000,000 that has a fixed rate for the first seven years and adjusts annually afterward.

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