Your Jumbo Mortgage Lender in Pennsylvania and Delaware
Your perfect home is right around the corner with the help of Fairway Independent Mortgage—your jumbo mortgage lender in Lancaster. Our team is equipped with the expertise and resources to guide you through every step of the process.
Maybe you're eyeing a residential mortgage for a luxury property. Perhaps you’re after a single-family home in a highly competitive market that requires financing beyond the conforming loan limits. Whatever the case, we're here to assist.
Jumbo mortgages exceed the limits that the Federal Housing Finance Agency (FHFA) puts forth each year as the maximum amount for loans that will be bought from lenders.
Unlike conventional loans, jumbo mortgages can’t be secured by government-sponsored entities like Fannie Mae or Freddie Mac, making them a distinct option for financing high-value real estate investments.
Jumbo loans aren’t very different than conventional loans in terms of their design. They both have the same options borrowers can choose from—a fixed-rate mortgage or an adjustable-rate mortgage with varying terms and conditions.
As the best jumbo mortgage lenders in the area, we’ll guide you through the qualification process, thoroughly reviewing all facets of your financial situation, including your income, credit score, and debt-to-income ratio. The credit requirements are more strict for jumbo mortgages than their conventional loan counterparts, so we’ll assist you through all of that.
Additionally, we'll work closely with you to gather all the required documentation, such as W-2 forms, tax returns, bank statements, and any other relevant financial records.
When you choose to work with a mortgage banker like us, you're engaging directly with the lender, eliminating the need for a third-party mortgage broker. This direct relationship streamlines the loan application and approval process, allowing for more efficient and expedited handling of your mortgage needs.
Unlike mortgage brokers, who have to liaise between borrowers and multiple lenders, we manage the entire process in-house. This not only speeds up the transaction but also delivers a higher level of transparency and communication with our clients throughout.
Just as each of our clients is different, so is each jumbo loan. We understand that every homebuyer has a unique set of circumstances and needs, and that’s why we’re committed to providing personalized advice and tailored financial solutions that match your specific situation.
Our flexible approach means we're not just offering loans—we're delivering custom-fit financial solutions designed to meet your individual homeownership goals.
Figure out these non-conforming loans when you partner with your preferred jumbo mortgage lender in Lancaster, Fairway Independent Mortgage. Our priority is to simplify the process, making it as transparent and efficient as possible while also ensuring you're well-informed about all your options.
Reach out to us today with any questions or to start the process!
Branch NMLS: 2289
Licensed by the State of PA
Equal Housing Lender
Not everyone will qualify to buy a home. Mortgage interest rates, loan programs, credit standards and guidelines change frequently. Call us for more information and to discuss your plans in more detail: 717-431-9299.
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