Jumbo Mortgages
Looking to finance a luxury home or high-value property in Miami? The Jumbo Mortgage program at Bennett Capital Partners might be the ideal solution for you. As a licensed residential and commercial mortgage brokerage with over 20 years of experience, we specialize in offering flexible and innovative jumbo loan solutions tailored to meet the unique needs of high-net-worth clients. Whether you are purchasing or refinancing, our jumbo loans exceed the limits of conventional mortgages, giving you the opportunity to finance larger, luxury properties with ease.
Our team of experts will guide you through every step of securing a jumbo mortgage, providing you with insights on loan limits, eligibility requirements, and the documentation needed to obtain financing for high-value properties in Miami and throughout Florida. With our assistance, you can enjoy favorable terms, competitive rates, and personalized service designed to meet your financial goals while ensuring a smooth and seamless process.
At Bennett Capital Partners, we understand that every borrower’s financial situation is unique. That’s why we offer customized jumbo mortgage solutions that fit your specific needs, whether you’re looking to purchase a luxury condominium, a non-warrantable condo, or an exclusive real estate investment. Our extensive network of jumbo loan lenders ensures that we can offer great Jumbo mortgage rates and flexible terms, making it easier for you to secure the financing you need.
Navigating the jumbo mortgage process can feel overwhelming, but we’re here to simplify it. Our experts provide hands-on guidance, making sure you have all the information necessary to make an informed decision. With competitive rates and a commitment to delivering exceptional service, Bennett Capital Partners is your trusted partner for jumbo loans in Miami and across Florida.
📞 Call us now at 1-800-457-9057 or apply online to start your journey.
Our Expertise in Jumbo Mortgages
Bennett Capital Partners is your top choice for expert guidance on Jumbo Loans in Miami. Our team of mortgage experts has years of experience in the industry and has built a reputation as the go-to mortgage brokerage for affluent buyers looking to invest in Miami's booming luxury real estate market. Here’s why we are considered experts in Jumbo Loans throughout Florida:
Extensive Network of Lenders
As brokers, we have access to a vast network of lenders and banks that offer the best Jumbo Loans and Super Jumbo mortgages. This allows us to secure the most competitive interest rates and terms tailored to your financial situation as a high-net-worth or equity-rich borrower. We’re well-versed in Florida’s jumbo loan limits and the requirements needed for these loans. Whether you’re working with wholesale lenders, credit unions, private lenders, or non-QM lenders, we ensure multiple options are available for your specific jumbo loan scenario.
Personalized Service
At Bennett Capital Partners, we pride ourselves on offering personalized service to every client. We understand that each borrower’s financial situation is unique, and we work with you one-on-one to identify the best jumbo mortgage program for your luxury property purchase in Miami. Whether you’re financing a non warrantable condo or another high-value property, we’re here to help.
Fast Closing Times
We understand how critical timing can be when securing a jumbo loan. That’s why we prioritize fast closing times, ensuring that your loan is processed and closed efficiently. With our streamlined approach and dedication to service, you can expect a quick and smooth transaction for your luxury property purchase.
Competitive Rates
With our extensive lender network, we are able to find the most competitive interest rates available for your jumbo mortgage. Whether you’re looking to discuss Florida’s jumbo loan limits or inquire about super jumbo loans, we ensure that you get the best possible deal. We understand the importance of securing favorable terms to meet the financial planning needs of high-net-worth borrowers.
Industry Knowledge
Our team possesses a deep understanding of getting a jumbo loan in Florida, ensuring we stay current with the latest trends, regulations, and loan requirements. Whether you want to learn about Florida’s jumbo loan limits for 2024, the differences between super jumbo loans, or the best lenders for jumbo cash-out refinancing, we’re here to guide you through every step of the process.
If you’re looking to purchase or refinance a luxury home in Miami or anywhere in Florida, Bennett Capital Partners can help secure the financing you need to achieve your real estate goals. Contact us today to learn more about our jumbo loan programs and how we can get you started on your real estate journey in Miami.
📞 Call us now at 1-800-457-9057 or apply online to start your journey toward securing a jumbo mortgage today.
Jumbo Loan Programs
Jumbo Mortgage FAQ's
What is a Jumbo Mortgage, and how does it work in Florida?
A jumbo mortgage is a loan that exceeds the $766,550 conforming limit for most of Florida in 2024. It is used for luxury properties that require higher loan amounts. Because these loans don't follow Fannie Mae and Freddie Mac guidelines, they typically require higher credit scores, larger down payments, and income verification.
What are the benefits of a jumbo mortgage in Miami?
The main benefits of jumbo mortgages in Miami include financing luxury properties, access to competitive rates, and options for fixed-rate or ARM jumbo loans. These loans also offer flexible terms to fit the needs of high-net-worth borrowers.
What credit score is required for a jumbo loan in Florida?
For a jumbo loan in Florida, a credit score of 700 is typically required, with 740 or higher recommended for the best rates. Non-QM jumbo loans may offer flexibility for borrowers with alternative income sources or slightly lower scores.
What is the difference between a Jumbo Loan and a Conforming Loan?
A jumbo loan exceeds the conforming loan limits set by the FHFA, while a conforming loan falls within those limits. Jumbo loans typically require stricter credit, income, and down payment guidelines compared to conforming loans.
Can Foreign Nationals apply for Jumbo Loans in Miami?
Yes, foreign nationals can apply for jumbo mortgages through specialized programs at Bennett Capital Partners. These loans don’t require a U.S. credit history, making them ideal for international buyers investing in Miami’s luxury real estate market.
Are there low-down-payment Jumbo Loans available in Florida?
Yes, some jumbo loans offer low-down-payment options starting at 10%, depending on the borrower’s credit score and income verification. Programs like Non-QM jumbo loans may offer more flexibility for borrowers with high liquidity or strong asset portfolios.
How can I refinance my Jumbo Mortgage in Florida
To refinance your jumbo mortgage, you can explore options like cash-out refinancing or rate-and-term refinancing. Bennett Capital Partners helps clients take advantage of lower rates, with flexible terms for high-value properties across Florida.
Are Jumbo Loans available for investment properties in Florida?
Yes, jumbo loans are available for investment properties through programs like Jumbo Portfolio Loans and Jumbo Bridge Loans. These loans offer flexible terms and can include no-income-verification options, making them attractive to real estate investors.
What are the interest rates for Jumbo Mortgages in Miami?
Interest rates for jumbo mortgages in Miami depend on market conditions, the borrower’s credit profile, and the loan amount. Prime jumbo loans often feature competitive rates, while Non-QM jumbo loans may have slightly higher rates due to added risk.
What loan amount is considered a Super Jumbo Loan?
A super jumbo loan typically starts at loan amounts of $2 million or more. These loans are tailored for high-net-worth individuals purchasing or refinancing luxury properties that require financing beyond standard jumbo loan limits.
Can I get a no-income-verification Jumbo Loan in Florida?
Yes, No-Income-Verification Jumbo Loans (often known as no ratio loans) are available through programs like Non-QM and Hard Money Jumbo Loans. These loans rely on alternative income verification or the property’s value, making them ideal for investors and self-employed borrowers.
What Our Clients Say
Alex S.
Philip was highly recommended to me and he did not disappoint. He was incredibly helpful and honest throughout the entire process, getting us the best program that matched our needs. We really didn't think we had a chance and luckily Philip was able to deliver on our dream home!