A jumbo mortgage is a home loan with an amount that exceeds conforming loan limits imposed by Fannie Mae and Freddie Mac, the two government entities that guarantee mortgages from lenders.

Higher loan amounts are above these limits are considered non conforming or jumbo loans and are not secured in this manner. These jumbo loans are backed by private investors and have different guidelines.

The loan limits differ by counties in California due to the high cost of the average homes in certain areas.

Jumbo mortgages tend to be used for large, single- family homes. While the underwriting process for Jumbo mortgages is similar to that of a conforming mortgage, the requirements differ slightly.

Please feel free to check the current jumbo loan rates on our website. We have California jumbo specialists on standby to help guide you through application for your new loan. We are a preferred Jumbo mortgage company with loan professionals that specialize in California Jumbo loans.

Golden State Mortgage specializes in Jumbo mortgages, VA home loans,  FHA home loans and USDA home loans.   Low Rates, Low Fees and we strive to close loan typically in 28 days or less.  Call today for a free good faith estimate and let us earn your business!