Mortgage
Jumbo Loans
Today's real estate market is competitive, requiring more money to purchase your ideal home. Stock Yards Bank & Trust provides clients with jumbo loans, giving you the finances you need to make your dream of homeownership a reality.
What Is a Jumbo Loan?
Jumbo loans are non-conforming loans that surpass the Federal Housing Finance Agency (FHFA) limits. Secondary market mortgage companies like Fannie Mae and Freddie Mac aren't authorized to provide loans over the limit, forcing borrowers to turn to jumbo loans. Any loan for a single-family home above $806,500 is considered a jumbo mortgage in most parts of the country.
Those looking to purchase large properties, luxury homes, or houses in affluent areas will likely utilize this loan type. You can choose to receive a jumbo loan with fixed or adjustable rates and varying term lengths. The requirements on these mortgages are often more strict due to the high loan amounts, using your credit score, debt-to-income ratio and available cash to discover if you qualify.
Why Should I Get a Jumbo Loan From Stock Yards Bank & Trust?
Whether you've fallen in love with a particular area or are looking for a home with luxurious features, Stock Yards Bank & Trust's jumbo loans can help you achieve your homeownership goals. Our professionals will work with you to find a jumbo loan option that is best for you. We also provide helpful online loan calculators to help you understand what you can afford and what your payments will be.
Working with Stock Yards Bank & Trust will offer unique advantages such as:
- Industry-leading rates on loans: We work hard to keep our jumbo loan options competitive to ensure you're comfortable with your mortgage.
- Stress-free application process: Get in touch with one of our expert loan officers and easily apply online in minutes.
- Superior customer services: Our professionals are experts in their field and are passionate about making your home-buying dreams come true.
Start Your Jumbo Loan Application Today
Since 1904, Stock Yards Bank & Trust has been the trusted partner for individuals, families and businesses across Kentucky, Indiana and Ohio. Our personalized services make us the best to offer jumbo loan options that suit your situation. If your heart is set on the home of your dreams, the team at Stock Yards Bank & Trust can help you make them come true.
If you're ready to get started with your jumbo loan mortgage in Kentucky, Indiana, or Ohio, you can start filling out your application online. Feel free to contact our loan officers with any questions you have.
Subject to credit approval. Terms and conditions are subject to change.