Jumbo loans are available for purchase and refinance loans (including cash-out refinances) up to $3 million. They can be used to finance primary residences, second or vacation homes, and investment properties. Jumbo loans are available in a variety of loan terms, from 15 and 30 year fixed rated and 5, 7, or 10 year adjustable rate.
As a premier provider of million dollar home loans, First Horizon Finance Bank is expert at accommodating large loan amounts and creating custom mortgage solutions:
- Competitive rates
- Loan amounts up to $3.5 million or more
- 90% financing on purchase loans
- Extensive range of mortgage programs and options
- Interest-only options available
- Highly competitive non-resident alien programs