Conventional Mortgages
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Gerald Laufer
/ Licensed MLO
NMLS 140998
(908) 242-6311
20+ years experience specializing
in low rates and enhanced service.
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Jumbo mortgages are generally loan amounts greater than $806,500 (for 2025). The term "non-conforming" is also commonly used for these higher loan amounts.
These loan types essentially work the same way as conventional mortgages. Rates however, usually run higher to off-set higher lender/investor risks.
Innovative Mortgage Services, Inc. - NMLS 250769
17717 Hunting Bow Circle, Unit 101, Lutz, Fl. 33558