Jumbo
Jumbo home loans above conventional limits
When the purchase price sits above the conforming limit — more common in parts of Dearborn, Grosse Ile, and higher-end Wayne County — a jumbo loan may keep the deal together. Brad shops jumbo investors rather than sending you to a single bank’s overlay. Reserves, credit, and appraisal requirements vary.
Who this may fit
Buyers and refinancers whose loan amount exceeds current conforming limits.
Why borrowers use it
- Jumbo purchase and refinance options, subject to investor overlays
- Comparison across wholesale jumbo investors
- Helpful on riverfront, custom, and higher-value Downriver homes
- Structure the down payment and reserves around the overlay, not a surprise at underwriting
Things to watch
Jumbo reserves, credit, and appraisal overlays are investor-specific. Do not assume a conventional 5% down story still applies above the limit.
Documents commonly needed
- Full income package (often two years)
- Asset statements showing reserves
- Purchase contract or refinance statement
- Insurance quotes on unique or water-influenced properties
Why work with Brad on Jumbo
Jumbo overlays are investor-specific — reserves, credit, and unique-property appraisals. Brad shops wholesale jumbo desks for Grosse Ile, Dearborn, and higher-end Wayne County instead of sending you to one bank’s cutoff.
Next step
Call or text (248) 408-3855 with the property and your income type. Brad can help you review whether jumbo loans may fit — subject to program requirements — or which related option to compare. You can also start a secure application or read how pre-approval works.