Up to how much can I borrow on a conventional loan? Are there benefits to getting a jumbo rather than maxing out conven?

Maximum Conventional loan amount is $510,400. Anything over that is considered a Jumbo loan. Jumbo loans require a 10% down payment but the underwriting is typically about the same.

I would be more than happy to assist you. You can call me directly at 405-831-4457 if you would like to discuss further.

Because conventional loans are so easy to sell into the secondary market, the underwriting and pricing is usually much more favorable than that for a Jumbo, but the choice is actually going to be driven by your purchase price and desired down payment. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.