Jumbo Loans for Mortgages More Than $417,000 from FirstMerit Bank - Serving Akron, Cleveland, Ashtabula, Canton, Columbus, Elyria, Medina, Toledo, Columbus, Ohio and New Castle, PA

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Jumbo Loans

How it works Jumbo Loans, also referred to as a non-conforming loan, are mortgages with loan amounts greater than the conforming loan limits set by Fannie Mae or Freddie Mac.

A Jumbo Loan might be right for you if: You need to finance/refinance a home loan over the $417,000 conventional loan limit

Features & Benefits Fixed rate or adjustable rate options are offered Available for 10, 15, 20, and 30 year terms* Finance up to $1 million Enjoy a quick application process and low closing costs



Mortgage Calculators How much house can you afford? Should you pay points? Fixed Rate Mortgage vs. Adjustable Rate Mortgage (ARM) More mortgage calculators


* All loans are subject to credit approval. For example, currently a $500,000 fixed rate jumbo loan for 30 years at 7.031% APR with $170,000 down payment will have 360 payments of $3,326.52.