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FIXED-RATE JUMBO MORTGAGE

Smart solutions for larger home purchases

Jumbo Mortgage

Borrow up to $2.5 million with a low, fixed-rate loan

There's no question that home prices are continuing to increase in the Portland area. If you need help financing a non-conventional mortgage amount (above $453,100), we can help with a Jumbo Loan.
 

With our Jumbo Mortgage you can:

  • Borrow more than the conventional loan limit, from $453,101 up to $2.5 million
  • Enjoy the stability of a fixed-term, fixed-rate mortgage
  • Pay as little as 10% down
  • Save more with a low origination fee and closing costs
  • Pay no mortgage insurance


GET STARTED:      CONTACT A Mortgage LOAN OFFICER

Let’s dig a little deeper

Make your dream home possible with loans up to $2.5 million.
As Portland area housing costs continue to rise, homes have become out of reach for many local residents. The conforming loan limit (set by set by Fannie Mae and Freddie Mac) is now below the cost of many single family homes for sale in the area. The Advantis Jumbo Mortgage provides you with the ability to borrow beyond the conforming limit, from $453,100 up to $2.5 million, so you can still make your dream home possible.

Enjoy the stability of a fixed-rate loan.
While many other jumbo programs have adjustable rates that can increase with changes in the market, the Advantis Jumbo Mortgage features a fixed-term and a low, fixed-rate (similar to a traditional fixed-rate mortgage). You’ll have the peace of mind your rate will never increase during the life of your loan.  

We offer a low origination fee, which can add up to big savings.
The origination fee is the amount a lender charges you for their services, and doesn’t include third-party charges. Our low origination fee can potentially add up to thousands of dollars in savings on closing costs for a jumbo mortgage.

No mortgage insurance required.
The Advantis Jumbo Mortgage requires no mortgage insurance, helping you avoid a potentially large monthly payment.

Delayed purchase refinancing available. 
If you’re in the position to buy your new home with all cash, the Advantis Jumbo Mortgage allows you to qualify for a cash-out refinance after just six months of residency. No need to tie up money indefinitely in your investment!

Work with a local mortgage expert.
Our mortgage loan officers know the local market. They'll be your trusted guide, from application to closing.

 

Get helpful resources, tools, and tips.

Learn what to expect. 
See the steps you’ll take to get from here to “hello new home.” Check out the Advantis Mortgage Guide to see our straightforward mortgage process and read our homebuyer’s guide for helpful tips on buying a new home.

Learn a few key concepts.
We’ve shared some key concepts to know before you apply for a mortgage or shop for a new home.

Do the math. 
Use our mortgage calculators to get a general idea of what your loan payments may be, or for a more comprehensive breakdown, get an instant online quote that will estimate your rate, payments, and fees on a variety of mortgage options.

Set up rate alerts.
With our customized Rate Watch feature, we’ll keep an eye on local rates so you don’t have to. Get mortgage rate alerts emailed to you

Visit our online resource center.
If we haven’t covered what you need above, you’ll likely find it in our online mortgage resource center. Check out helpful FAQs on a variety of mortgage and home buying topics, a glossary of commons terms, and more.

Not the right mortgage for you?

No problem! We have a variety of other mortgage options to fit your needs. 
See all of our mortgage options

 

Banks are for-profit. Advantis is for you.

Our mortgages get you closer to your goals of home ownership, because we’ve got your back.

Advantis is a not-for-profit financial cooperative, locally owned by our members. Which means instead of giving our earnings to corporate stockholders like banks do, we return them to our members in the form of better rates, lower fees, and more free services.
Learn about our cooperative difference

 

Get started today.

REQUEST A QUOTE
Complete a quick online form to request a personalized quote from an Advantis mortgage loan officer.

CONTACT A Mortgage LOAN OFFICER
Questions before you apply? Call or email an Advantis mortgage loan officer directly. They’re here to help!


Property restrictions and other conditions apply. Contact a mortgage officer for details. For all dwelling-secured loans, hazard insurance is required and flood insurance may be required. All loans are subject to underwriting approval.







 
 
 
 
 




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