Jumbo loans are mortgages that exceed the current conforming loan limit. The jumbo loan limit is set by Fannie Mae and Freddie Mac, which are government-sponsored enterprises (GSEs) that purchase mortgages from lenders and then sell them to investors. 

The benefit of jumbo loans is that you can get a larger loan. If you want to buy a house or refinance an existing mortgage, a jumbo loan can help you get the funding you need.

There are several reasons why you might want to consider getting a jumbo loan. You want to refinance your home and get a better interest rate. You’re buying a house and want to take on additional debt in order to make improvements or upgrades. You want to take advantage of lower interest rates in order to save money over time on your monthly payments.

Loan Bud is a national lender for the self-employed, offering both Jumbo Loans In Florida and SBA loans for entrepreneurs, freelancers, and small business owners. We are not a bank, and we do not have a brick-and-mortar location. Instead, we offer our mortgage services online and through our partners at local banks and credit unions.

Whether you are a first-time homebuyer or a seasoned investor, you probably know that there are many mortgage products to choose from. Each one has its own benefits and drawbacks, so it's important to do some research before you make your final decision. 

Loan Bud is a national lender for the self-employed, offering both Mortgage Package In Florida and SBA loans for entrepreneurs, freelancers, and small business owners. We are not a bank, and we do not have a brick-and-mortar location. Instead, we offer our mortgage services online and through our partners at local banks and credit unions.

Whether you are a first-time homebuyer or a seasoned investor, you probably know that there are many mortgage products to choose from. Each one has its own benefits and drawbacks, so it's important to do some research before you make your final decision.