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Jumbo Home Loans

Competitive San Diego Jumbo Home Loans

  •  2.643% APR1, no points - 30 year fixed rate jumbo loan
  • Terms up to 30 years
  • Loans up to $3,000,0002
  • 90 day rate lock3
  • Learn more about jumbo loan rates and terms
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  •  2.643% APR1, no points - 30 year fixed rate jumbo loan
  • Terms up to 30 years
  • Loans up to $3,000,0002
  • 90 day rate lock3
  • Learn more about jumbo loan rates and terms

Jumbo Home Loans

A jumbo mortgage is a home loan that is larger than the conforming loan limits in your area. SDCCU’s jumbo loans offer competitive low rates, flexible down payment options and terms whether you plan to purchase or refinance your existing home.

Fixed Rate Jumbo Mortgage Loans
Fixed Rate Jumbo Mortgage Loans

Pay the same fixed amount every month over the entire life of the loan.

Adjustable Rate Jumbo Mortgage Loans (ARM)
Adjustable Rate Jumbo Mortgage Loans (ARM)

Adjustable rate jumbo mortgages provide a fixed rate for the first 5 or 7 years.

Competitive Loan Rates
Competitive Loan Rates

30 year fixed rate jumbo loan 2.643% APR, no points.

What is a Jumbo Loan?

In Southern California, average housing costs have continued to increase, but a jumbo home loan gives potential homeowners the option to purchase the home of their dreams. If you’re thinking of buying a home, now is a great time to consider a low rate jumbo mortgage loan from San Diego County Credit Union. Jumbo loans are loan amounts that exceed conventional or conforming loan limits. These limits are published annually and vary by county. In San Diego County, a jumbo loan is a loan amount greater than $753,250. 4

 

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Adjustable and Fixed Rate Jumbo Loans, What's the Difference?

Adjustable Rate Jumbo Loans (ARM)
With an adjustable rate mortgage, the initial interest rate is fixed for a period of time, 5 or 7 years depending on the loan you select. After this initial period of time, the interest rate can change periodically. The interest rate for an ARM is reset based on a benchmark or index, plus an additional spread called a margin. Your rate will be determined by adding the margin and the index. ARMs typically have lower starting rates which can help lower your payments or allow you to qualify for a higher loan amount.

Fixed Rate Jumbo Loans
A fixed rate mortgage is a home loan that has an interest rate that doesn’t change. That means your interest rate won’t increase or decrease over the life of the loan. Your payment is the same each month, making it easier to budget. A fixed rate mortgage is one of the most common home loan options.
 

Considerations with a SDCCU Jumbo Loan

SDCCU looks at many factors when applying for a jumbo loan, such as:

  • Credit score
  • Debt-to-income ratio
  • Down payment
  • Appraisal of the property
  • Documentation such as tax documents, bank statements, etc.
 

Jumbo Home Mortgage Loans from SDCCU

SDCCU is here to help if you decide to buy or refinance. As your trusted home lender, SDCCU will provide you with loan estimates to make an informed decision about what fits your needs. SDCCU offers low rate conforming and jumbo home loans in San Diego and throughout Southern California up to $3 million. You will find low fixed rates and adjustable rates for home loans that offer low monthly payments and down payments as low as 10%. We also offer a 90-day rate lock once you find a property. Learn more about our mortgage programs here: sdccu.com/mortgage.
 
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Why Bank with SDCCU?
Because people come first

SDCCU has always made members the number one priority. Because of this deep-rooted commitment, we’re focused on providing all the banking services you need, but from a place that’s never for-profit, and still wholly owned and operated by its members.

Cost

We don’t deal with outside stakeholders, so all earnings are returned to our members through lower fees and higher dividends.

Convenience

We have 30,000 surcharge-free ATMs, 43 branch locations, and mobile and online banking, so you can bank anywhere, anytime.

Community

We are proud members of the communities we call home, and participate in a lot of local programs and events to show our support.

WHAT PEOPLE ARE SAYING

“The best when it comes to home mortgage rates & the most sincere bank representatives my family deals with. Thank you!”

Alfonso M.

 
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BEST Credit Union

Why Bank at SDCCU?
san diego's best

Be a Part of San Diego’s
BEST Credit Union

Why Bank at SDCCU?
¹APR = Annual Percentage Rate. APR valid as of 7/12/2021.
2For example: 360 monthly payments of $4.22 per $1,000 borrowed at 3.324% Adjustable Annual Percentage Rate (APR) for the 5-year adjustable term based on rates offered  . Rates may vary and are subject to change.
3Rate lock available with a specific property identified.
42021 conforming loan limits for counties served by SDCCU are: Imperial - $548,250, Los Angeles - $822,375, Orange - $822,375, Riverside - $548,250, San Bernardino - $548,250, San Diego - $753,250, San Luis Obispo - $701,500, Santa Barbara - $660,100, Ventura - $739,450.