Nationwide
Find jumbo mortgage loan options that fit your financial situation
Whether you have your sights set on purchasing a larger, more expensive home or simply live in a high-priced housing market, a jumbo mortgage may be a good financing choice to help get you into your new home. A jumbo mortgage loan has a fixed rate and is priced slightly higher than conforming loans, such as traditional fixed rate mortgages and adjustable rate mortgage loans. The property values range from $417,001 to $1 million or more, which is determined by Freddie Mac and Fannie Mae and can change annually.
Jumbo mortgages typically carry higher interest rates, which can affect your payment amount. Be sure to understand the full terms of your jumbo mortgage loan and how it will work with your budget, so you can feel confident in your borrowing decision.
Start saving with a jumbo mortgage. Begin your jumbo mortgage loan application today!
Check out our great rates on jumbo mortgages
At Nationwide Bank you’ll find attractive rates that you can easily compare to help you determine which mortgage option is best for you.
Discover our great jumbo mortgage rates to see how they work with your budget!
Learn more about jumbo mortgages and other mortgage types
Not sure if a jumbo mortgage loan is right for you? It’s important to have a good understanding of the different loan options available to you so that you can determine which mortgage type best fits your financial situation.
Find answers to your questions about jumbo mortgages and other types of mortgage loans:
- Mortgage information and FAQ
- Types of mortgage products
- Compare mortgage offerings
With the traditional jumbo mortgage and other options available through Nationwide Bank, it’s easier to make smart decisions with your money.
For additional information or to complete a jumbo mortgage loan application by phone, contact a Nationwide Bank Mortgage Representative at 1-877-636-0598.
Find the jumbo mortgage rate you need to finance your new house
You’ve worked hard to afford the home of your dreams. At Nationwide Bank® we believe that finding the financing you need to make this dream a reality should be a simple and straightforward process.
Securing a jumbo mortgage rate is an ideal option if you are thinking about purchasing a more expensive home or living in a high-priced housing market. Because jumbo mortgage rates are associated with a non-conforming loan product, we’ll offer you the resources and mortgage information you need to help you make the smart choice with your money.
Start the mortgage application process today!
Get the current jumbo mortgage rates today!
Buying a large home doesn’t mean your payments have to stretch beyond your budget. We’ll help you find the flexible payments so you can pay less on what you borrow. Our attractive jumbo mortgage interest rates can help you get the house you have worked so hard to enjoy. Choose the jumbo mortgage rate program that is right for you.
| Loan type | Interest rates | APR* as low as | Points | Monthly payment |
|---|---|---|---|---|
| 30-year fixed | 5.625% | 5.621% | -.250 | $3,453.94 |
| 30-year fixed | 5.375% | 5.496% | 1.125 | $3,359.83 |
| 15-year fixed | 5.250% | 5.281% | .000 | $4,823.27 |
| 15-year fixed | 5.125% | 5.291% | .875 | $4,783.92 |
| 5/1 LIBOR ARM | 4.625% | 3.675% | .000 | $3,084.84 |
| 5/1 LIBOR ARM | 4.375% | 3.657% | .875 | $2,995.71 |
*APR refers to Annual Percentage Rate. APR effective 2010-01-19 09:30:00 AM and subject to change. APR may vary based on creditworthiness.
The APR includes all finance charges associated with a loan, such as the interest rate, points, any fees, etc
For additional loan questions, call a Nationwide Bank mortgage specialist at 1-877-636-0598. We’ll help you find the answers you need, so you can focus on getting the house you want.
In addition to attractive jumbo mortgage rates, you’ll also enjoy:
- Responsive customer service
- Easy start to the online application process
Understanding your jumbo mortgage rate
While the property prices for this type of loan change yearly, as determined by Fannie Mae and Freddie Mac, jumbo mortgage rates are often higher than conforming loans due to the higher loan amounts associated with this product. We want to help you understand everything involved with your jumbo loan so you can feel confident in your borrowing decision.
*Annual Percentage Rate (APR). Interest rates and the APR for non-conforming are subject to change at any time and without notice due to changes in the mortgage market. These rates may also adjust according to credit and property approval based on secondary market guidelines. The rates shown are based on average interest rates for customers with a good credit history. Your individual rate may vary. The APR calculation and the principal and interest (P&I) amounts are both based on a loan amount of $600,000 for the purchase of a primary residence, with 75% loan-to-value (LTV), approximately 15 days prepaid interest, origination charges of $795, an additional $422 in prepaid finance charges, plus discount points shown for a 45 day lock. For adjustable rate mortgages (ARMs), the rates may increase after consummation. All of our ARM programs have a 30-year term.
Our loans do not have prepayment penalties, and we normally require the escrow of taxes and insurance, which will be in addition to the principal and interest payments shown above. Be sure you understand the terms of the loan you are applying for.
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