Jumbo mortgages are non-conforming loans (meaning not backed by Fannie Mae or Freddie Mac) and are designed for those purchasing or refinancing properties of higher value, typically loan amounts in excess of $453,100. However, some areas may have higher conforming limits, based on Fannie Mae and Freddie Mac guidelines. Contact a BankSouth Mortgage expert to determine the conforming loan limit for your area.
Down payments as low as 10%
Fixed and adjustable rate mortgage options