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Midvale, Utah Jumbo Home Loans Made Easy

Buy or refinance your dream home with the perfect Jumbo loan.
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Don’t Settle For Just Any Jumbo Loan Lender in Midvale, Utah

Jumbo Home Loan Experts

Jumbo home loans can be complicated. It’s important to work with proven professionals that will match you with the best program and help avoid pitfalls during the loan process. Working with an expert is the best way to ensure your transaction goes smoothly.

Unique Financing Solutions

Not all borrowers fit or meet typical underwriting requirements. With access to both institutional and specialized lenders, you’ll get the unique financing solutions you need. Don’t be held captive by one lender’s limited offerings.

Diverse Property Types

High-end properties offer distinct features that accommodate your needs and lifestyle. To meet your individual needs, Jumbo home loans are available for a variety of property types; even hard-to-finance properties.

What Other Homeowners Are Saying

Customer reviews on what sets us apart from other Jumbo loan lenders in Midvale.

Richard Ezekiah
Richard Ezekiah
2024-04-19
Trustindex verifies that the original source of the review is Google.
Very attentive and helpful. All in all awesome.
Jenica Quisido
Jenica Quisido
2023-09-06
Trustindex verifies that the original source of the review is Google.
Jason Skinrood was very professional with us. He has helped us with every step until closing. This is our first purchase and had no clue what to do and he made us feel comfortable. My husband and I highly reccomend Jason Skinrood.
Chip Shop
Chip Shop
2023-08-15
Trustindex verifies that the original source of the review is Google.
Jason is the best to work with. My personal situation was unique and made the process challenging. Jason was able to guide me through every obstacle that came up because he’s a pro! He’s been a loan officer his entire professional career and he knows his stuff! Thank you Skinrood and Supreme for making this happen! John Hill -a happy customer
SR T
SR T
2022-11-18
Trustindex verifies that the original source of the review is Google.
Jason was very helpful with getting our family the funding for the house we always wanted. Thank you, Jason!
bobbi jo roscoe-bryan
bobbi jo roscoe-bryan
2022-10-19
Trustindex verifies that the original source of the review is Google.
It was another Amazing experience working with Jason. He is very knowledgeable, patient and thorough.
Jessica Batson
Jessica Batson
2022-05-18
Trustindex verifies that the original source of the review is Google.
Jason was amazing. Even when I thought for sure my loan wasn't going to go through, he stuck with it and made it happen! I've used him multiple times and am always satisfied and happy we the end result.
Erik Easton
Erik Easton
2022-04-15
Trustindex verifies that the original source of the review is Google.
Working with Jason Skinrood on my VA Cash-Out Refi has been easy and seamless… I used Jason’s experience several years ago on a VA Streamlined Refi and that went so well that I knew I had to get back with him on the Cashout Refi. I truly believe that the entire process could not have gone any smoother or quicker. Jason works hard to get us Vets everything we deserve at a fair and up front price… no hidden fees to worry about later. Thanks Jason, I greatly appreciate your strait forward approach to this process. I HIGHLY RECOMMEND Jason for any of your VA loan needs.
Robert Magarrell
Robert Magarrell
2022-04-06
Trustindex verifies that the original source of the review is Google.
Our experience working with Jason has been by far the best we have ever experienced! We are so grateful for his knowledge and experience with VA loans, that he responds immediately to all of our questions and I have never experienced working with someone that immediately answers the phone the way that Jason does.
Zachary Altvater
Zachary Altvater
2022-03-18
Trustindex verifies that the original source of the review is Google.
Jason has been great to work with. He's been on top of things from the beginning, and hasn't thrown us any curveballs like other lenders do. We have been working with Jason for over a year now, and he has always stayed in contact and touched bases with us, never forgetting us. It was an easy process, and we have been thrilled with the hospitality.

Midvale, Utah Jumbo Home Loan FAQs

What Property Types Can Jumbo Home Loans Be Used For?

Jumbo home loans in Midvale can be used for a variety of property types. Buy or refinance your primary residence, second home or 1-4 unit investment properties. For hard-to-finance properties like condominiums, our portfolio of loan programs also offers competitive options. Financing is available for both warrantable and non-warrantable condos, condotels or cooperatives with a Jumbo loan Midvale.

What Are The Income Requirements?

Income requirements for Jumbo home loans in Midvale will vary based on the investor and the loan program you qualify for. For most investors, your income is documented with pay stubs, W2s and other tax or bank documents. If you’re self-employed or receive 1099 income, you’ll need to provide the last two years of tax returns along with other financials from your business. If you have liquid assets that can support a monthly distribution for 36 months or more, those assets can be considered income to help you qualify. The amount of income you need to document depends on the amount you’re borrowing and your credit liabilities.

What Is The Jumbo Loan Limit?

The Jumbo loan limit 2024 is any amount over the conforming loan limit of $766,550 for Midvale, Utah. Mortgage loan amounts over $766,550 will be considered a Midvale Jumbo home loan. Jumbo loans will likely have a higher interest rate and require a larger down payment when buying a home.

The conforming loan limit is determined by the Federal Housing Finance Agency (FHFA), which is the government agency responsible for regulating mortgage lenders. FHFA sets the limit at each different location based on a variety of factors, including median home prices and average incomes.

How Much Money Do I Need To Put Down?

The down payment amount will vary based on the property type, the home’s occupancy, your credit and if you are buying or refinancing the home. Depending on the Jumbo home loan program, a down payment of 10% to 25% may be required in Midvale, UT.

Use my mortgage calculator to determine your monthly mortgage payment.

What Type Of Jumbo Home Loans Midvale Are Available?

With access to investors at major financial institutions and other institutional investors that offer specialized financing, we offer a large portfolio of loan programs. Depending on which Jumbo home loan Midvale program you qualify for, you may select from a fixed or adjustable rate loan with varying loan terms.

Are There Jumbo Home Loans Available In Midvale If I’m Self-employed?

There are many Jumbo options available if you’re self-employed, but there are a few things you need to keep in mind when applying for a Jumbo loan Midvale. First, you’ll need to provide proof of your income. This can be done by providing tax returns or in some cases, business bank statements. You’ll also need to provide proof of your assets too. This can be done by providing bank statements or other financial documents. If you can provide all of this information and meet qualification requirements, you should be able to get a mortgage loan even if you’re self-employed.

Just keep in mind that it requires a lot more documentation and paperwork than it does for someone who has a traditional job. It’s best to make sure you have all your paperwork in order before applying for a Jumbo loan.

Begin Your Jumbo Home Loan Journey

Schedule a 15-minute consultation to learn more about Jumbo loan options available in Midvale, Utah. Get answers to any questions you may have and get started on the path to home ownership.

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How To Choose A Jumbo Home Loan Mortgage Lender In Midvale

When looking for a lender to help with your purchase or refinance in Midvale, it’s important to work with a local mortgage lender that specializes in Jumbo home loans. Compare your options by finding a loan officer that:

    • Offers a wide array of Jumbo home loans
    • Has a network of other real estate professionals
    • Is familiar with the variety of property types and uses
    • Is dedicated to finding the ideal loan program for you
    • Has exceptional customer reviews and testimonials from past clients

Many mortgage lenders claim to specialize in Jumbo home loans Midvale, Utah. However, they typically hire loan officers with little to no experience. The lender doesn’t underwrite the loans themselves, have extended closing times up to 60 days, make you work with a team instead of a single person and don’t respond to your inquiries during the process. Plus, you typically end up with a higher interest rate.

Choosing the right lender could save you thousands of dollars and ensure a positive home buying or refinance experience.

About Midvale, UT

Midvale, Utah is located in the Salt Lake Valley and has been an important city for many years. It is home to two TRAX lines, making it easily accessible from all around the valley. The city offers a variety of activities and amenities for its residents including parks, trails, shopping venues and much more. Midvale was established in the 1850s and has since grown due to its central location in the valley, as well as its connection to mining in Bingham Canyon. The city is a mix of residential and commercial areas, providing a great balance of activities for locals and visitors alike. Midvale is the perfect place to call home for those looking for easy access to all that Salt Lake County has to offer.