Jumbo Loans

A jumbo loan is a type of financing that exceeds the loan size limits set by the Federal Housing Finance Agency (FHFA).  Unlike conventional mortgages, a jumbo loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac.  A jumbo loan is also known as a non-conforming loan because the loan amount exceeds the conforming loan limits of $548,250.


  • Loan amounts available up to $3 million
  • Fixed and adjustable rates available
  • Various term options:
    • 15, 20 and 30 year fixed terms available
    • 5/6 Arm 6 – month SOFR
    • 7/6 Arm 6 – month SOFR
    • 10/6 Arm 6 – month SOFR

*Secured Overnight Financing Rate (SOFR)

Call a loan professional to help at (855) 231-3700.

All loans are subject to credit approval. Programs are available only to qualified borrowers. Not all applicants will qualify for all program benefits. Please contact First Independence Bank to learn more about the program and the eligibility requirements.

The conforming loan limit is set by the government and is subject to change based on the area where the property is located.