Andrew PhalenStonehaven Mortgage
Jumbo
Purchase Loan Program

Financing beyond the conforming limit

When your purchase exceeds standard loan limits, a jumbo loan keeps higher-value homes within reach.

Available 7 days a week Call (630) 926 6368 NMLS #2354018
The Jumbo Loan

For homes above the conforming loan limit

A jumbo loan is used when the amount you need exceeds the conforming loan limit set each year by the Federal Housing Finance Agency. It is the financing path for luxury properties and homes in higher-cost markets, all within a single loan rather than piecing together multiple mortgages.

Why it works

What this loan can do for you

01

Finance higher-priced homes

Purchase above standard limits with one streamlined loan instead of stacking multiple mortgages.

02

Competitive terms for qualified buyers

Strong credit and reserves can unlock favorable financing on high-value properties.

03

Primary, second, and investment options

Jumbo financing can apply to more than just your main residence.

Why work with me

A second-generation loan officer in your corner

I have been immersed in the mortgage industry since I was 17, building a deep understanding of it from the ground up. My focus is simple: make the process straightforward, transparent, and stress-free for you.

Whether you are a first-time buyer or refinancing, I will guide you through every step with advice tailored to your goals. Feel free to call me anytime, including weekends.

Book a time to talk
Common questions

Jumbo loans, answered

What do I need to qualify?

Jumbo loans typically call for stronger credit, a larger down payment, and additional cash reserves. We will walk through the specifics together.

What counts as a jumbo loan?

Any loan amount above the conforming limit for the area, which the FHFA updates each year.

Ready to talk through your Jumbo options?

Let us review what fits your goals and get you a clear next step. No pressure, just straight answers.