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VA Jumbo Loans

Monday May 1, 2017
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Indigo Mortgage is one of the largest mortgage brokers in New Mexico, and as such, we close more VA Loans than anyone else in the state. In last week’s blog, we offered some general information about veteran’s loans, but this week we want to offer some more specific advice about VA Jumbo Loans.

A VA Jumbo Loan is a mortgage loan that exceeds the typical VA Loan limit of $424,000. Jumbo loans are a great option right now because interest rates are well below 4% on 30-year fixed rate loans. For veterans that have 10% or more in VA disability, funding fees are waived.

The loan officers at Indigo Mortgage have helped many veterans with VA Jumbo Loans that consolidated 1st and 2nd mortgages, refinanced out of short term jumbo adjustable rate mortgages, or were used to finance major home improvements. The best thing to do when considering a VA Jumbo Loan is to call us and ask questions. Indigo Mortgage is always happy to provide answers and supply customers with everything they need to know in order to make an informed loan decision. It’s important to shop around and compare options, and we have historically been able to find lenders with the lowest fees and rates on the market. If you’re considering a VA Jumbo Loan, call us today!

Indigo Mortgage is a locally owned and operated company, serving homebuyers in Albuquerque, Rio Rancho, Santa Fe and all across New Mexico. For questions about selecting a mortgage lender, contact Indigo Mortgage in Albuquerque at (505) 836-5700. Indigo Mortgage offers five mortgage divisions including Residential, VA Loans, Reverse Mortgages, Construction and Commercial. They are licensed by the Nationwide Mortgage Licensing System (NMLS #188348), and can provide loans anywhere in New Mexico.

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