Looking to finance a home up to $1 million? This jumbo loan product, offered through a local lender, provides the opportunity for homeowners to finance a higher-priced home for 7 years with a 30-year amortization, meaning the monthly payment is kept lower throughout the term of the loan and then the full balance is refinanced at the end of the term (known as a balloon payment).
This product is an excellent option for those looking for a shorter loan term with a lower monthly payment financed by a local lender.
● Up to $1 million loan amount
● Primary and second home options available
● VA and NC homes only
● 75% minimum loan-to-value
● Streamlined application and approval process
● Fixed rate for 7 years with a balloon payment feature at the end of term
We’re focused on you.
Contact C&F Mortgage, your local industry expert, to see if this Jumbo Loan is right for you!