Do not wait, hesitate, or procrastinate if you’re interested in purchasing a luxury home in this current housing market!
Considering how competitive the current real estate industry is right now, it’s absolutely essential to not only find the right home or even the preferred lending program but to actually do so in a timely manner as well.
Contact our lending teams here at Select Lender today to explore lending options, submit loan applications, or learn more about how we can help you realize the true potential of your luxury dream home!
As the saying goes: “Sometimes bigger is actually better!” - and there are precious few times that this is more justified than when applying it to home loans, lending, and the eventual purchase of a luxury home. Picture this: an expansive estate, resplendent with sprawling, grass-laden hills, a breathtaking landscaping layout, and a meandering approach that is more reminiscent of a 5-star resort entryway in some exotic locality as opposed to privately-owned property. Now envision the interior of that same luxury home: vaulted ceilings that rise so high as to appear to have their own celestial patterns, a kitchen as voluminous as the Vatican, bathrooms that feature waterfalls & lagoons instead of showers & bathtubs, closet space that would make the Coliseum feel stifling, and more bedrooms than Polly Pocket’s mansion! Granted not every luxury home or large-scale property is going to be equipped with the bells and whistles to that degree, however, there is something to be said for 'shooting for the stars, missing, but still landing on the moon' in regards to home buying motivations. (This is especially so for higher-end, luxury properties.)
Sometimes having forethought and longevity-driven orientation in life can manifest positively in ways that were not readily apparent from the onset. Graduating college, establishing a business, or even being able to qualify for a jumbo loan in which to finally purchase the dream home that has been dominating one’s dreams for as long as can be remembered.
Taking full advantage of that aforementioned hard work can often best be realized through exploring what options are open regarding luxury home purchase. To the delight of many, our seasoned home lenders here at Select Lender actually specialize in applying, processing, expediting, and ultimately qualifying jumbo home loans on behalf of our borrowers.
Enjoying the fruits of one’s labor, positively impactful decisions, and general wherewithal regarding futuristic loan potential is more than worth the efforts needed to achieve such largesse later in life. We here at Select Lender are well-versed in the many benefits of jumbo loans that we hope to impart & equip our qualified clients with.
(In order to protect not only the outfit lending the money to purchase the home but also the borrower as well, an appraisal of the property being purchased is often deemed mandatory.)
As has been our company-wide mission from the moment of our inception, we hope to unerringly match the correct buyer/borrower with not only the home of their dreams but also with the correct lending program to manifest such aspirations. Having said that, we’ve discovered that the only aspect of lending that is more diverse than the properties being coveted for purchase is the borrowers themselves who are seeking ownership of said properties. That often translates into many buyers fitting into equitable demographics or buying potential but every one of our clients has the same goal at the end of the venture: striving for, and later thriving in, the home of their dreams. While we do offer lending coverage for nearly every lending program available in the United States, including FHA loans, USDA loans, VA loans, & conventional loans, we do in fact have marked expertise with jumbo home loans as well.
Considering many of us are actually homeowners ourselves here at Select Lender, we completely understand and wholeheartedly embrace the importance of expediting the jumbo home loans of our valued clients both efficiently and expertly.
Our goal as home lenders is not to simply mediate the financial aspect of a home acquisition by managing a client’s jumbo but to ensure that our respective patrons save as much time, money, and peace of mind throughout the entire home-buying experience.
As has been stated before, no two properties, clients, or jumbo loans are inherently the same in terms of size, purchasing ambition, or qualifications, it’s essential to have a home lending company at the helm of the venture to ensure the most favorable results for all parties involved.
Another aspect to consider regarding home lending/borrowing is the fact that any home loans that exceed the local county loan limits will ultimately be considered a jumbo loan; regardless of other particulars detailing the approval or acquisition of the home loan in question. Furthermore, due to the innate risk naturally associated with loan amounts in excess of county loan limits or those set by Fannie Mae/Freddie Mac, there are often more stringent qualifications that determine jumbo loan eligibility. As a result, potential homebuyers and would-be borrowers seeking financing through a jumbo loan will be subject to higher standards when applying for said home loan. These higher standards for jumbo home loan approval can often entail the applicant needing a higher credit score/rating, an established means of income, robust savings & capital, and a favorable ratio of debt-to-income.
98% OF OUR CUSTOMERS RECOMMEND US
We shopped around for the lowest rate to refinance our current mortgage and no one could beat them.Our experience from beginning to end was outstanding!
I have never experienced a loan process that went so smoothly (this is my fourth). The team were amazing! They gave me the lowest rate among three lenders that I spoke with, they were always available and very friendly and I had communication with them throughout the entire process, they always kept me up-to-date with the file and everything went very smooth, even with some credit issues I have. And the loan was completed before we were scheduled to close so we were able to close early. I have a friend who used another lender at the same time and she went through so many hassles and had to extend their closing. Next time she’ll use them also have a much better experience. Thank you!
From top to bottom our refinance with them was flawless. They was able to provide the best rate of anyone else we checked with, we were able to skip 2 mortgage payments, lower our monthly payment by almost 10%, and even walked out of closing with cash. We would highly recommend them to anyone looking for a new home loan or a refinance.
They work hard to get you the best interest rate and they have really low fees. That's first. But they also are great to work with, friendly and professional, and gets back to you in a timely fashion. I've purchased many properties and two now with them. I would recommend them to anyone and everyone.
They were perfect to work with every step of the way. They helped me find the right loan product for my situation and kept me informed with each and every step of the process. They made sure everything was in place and there were never any surprises, I loved the communication - they are definitely on top of it. They helped make this a painless process and my loan closed in a very timely manner. I would recommend them for any of your loan needs and I know they will find the best solutions for your situation.
Their team are THE BEST!! They went out of their way to make sure I was always taken care of. They gave me the lowest interest rate of any lender I met with and after my loan was already approved they found me a BETTER rate. They just kept looking even after the deal was done and they had no reason to, they lowered my rate and surprised me with a lower payment. Who does that?!? And their team was so friendly and professional they just made the whole process great. I will tell everyone I know to use their team every chance I get- Thank you!!!
They are a great team of loan officers who helped me buy a new house last summer. Their team was always quick to answer my questions and was very knowledgeable. I would highly recommend them to anyone looking for a new team of loan officers. Their friendly and outgoing personality make them a delight to work with.
I've had the pleasure of working with them twice for a new loan origination and a refinance. Both instances they completely exceeded my expectations. On our original loan, we were looking for our first home while my wife was pregnant with our first child. It is generally an extremely challenging time to look for a home and go through your first loan process, but they made the experience pleasant and easy as they are exceptional on their knowledge and follow-up. When we were ready to do a refinance we went through them again and it was a very easy low stress process that ended up saving us a lot of money. I am very happy to recommend them in the highest regard, they are exceptional at what they do and are a pleasure to work with. Thanks!
They helped my husband and I purchase our first new home. They were fantastic, with lightning quick responses and willingness to work around our schedule. In addition, they made the process super easy, from pre-qualification to closing. We would recommend their team to anyone looking to purchase a new home!