Jumbo Mortgage Loan Limits in Florida

This post is from December 2014. For more updated information about jumbo loans, click here and read this.

It was recently announced that several counties in the United States will raise their conforming loan limits. In case you heard otherwise, that will not be changing anywhere in Florida. The conforming loan limit will remain $417,000 here except for Monroe and Collier counties, which already had limits higher at $529,000 and $448,500, respectively. Anything above the “conforming” limit in their respective counties would be considered a “jumbo” loan.

Florida Mortgage Firm offers jumbo loans with a lower down payment, and we offer VA jumbos, too. If you have any questions about “jumbo” loans or our LOWER DOWN PAYMENT JUMBO or VA JUMBO programs, call us at (813) 707-6200.

Here are some examples of what this means:

  • Borrower was told he needed 20% down for a $617,000 home in South Tampa. He tried calling us before giving up – now he has a new home.
  • Borrower didn’t have $100,000 liquid for a down payment on a half-million-dollar home. He got financing through us for a substantial amount less out of pocket.