Lenders are responding to hesitation within the secondary mortgage market, and borrowers may be required to jump through some tighter hoops to qualify for a jumbo loan.

Growing uncertainty as the pandemic evolves has deterred the usual ready and willing investor, forcing lenders to keep such mortgages in-house.

Jumbo loan terms can vary significantly in the lending world, so be sure to interview multiple lenders and find the most favorable terms for your purchase. Click here to receive a list of Amelie’s recommended lenders.