Jumbo Mortgage Refinance Loans serves homeowners with non conforming refinancing loan options for fixed rate debt consolidation and cash out. We are an experienced mortgage lender located in Los Angeles, California who has been serving homeowners across the country for almost 20 years. Subprime borrowers residing in high cost regions may need to consider a bad credit jumbo mortgage, especially if the loan amount exceeds the FHA loan limits.

Our lending niche continues to provide borrowers million dollar mortgages with better rates, higher loan to values and more exceptions than almost any other lender can offer. Borrowers continue to revisit our site for stated income loans, payment option ARM's and 1st and 2nd mortgage loan consolidation. Low jumbo mortgage rates were difficult to locate in 2008, but 2009 and 2010 may see more mortgage lenders offering affordable interest rates for jumbo loans.

The U.S. government temporarily lifted the conforming and FHA mortgage loan limit a minimum of 125% of each county's average home price or $729,750, whichever is less. For most counties, the loan limitations will remain at $417,000 because the additional increase of 25% will not push the loan amount to the jumbo mortgage loan threshold. However, the jumbo home loan increase does affect two hundred and forty five counties in 29 states.

Any loan amount that exceeds $417,000 for single-family homes and condominiums in most states would be considered a jumbo home mortgage.

According to Fannie Mae and Freddie Mac jumbo loans are considered non-conforming mortgage and most lenders charge a slightly higher interest rate for jumbo home loans. With property values declining nationally, it will be interesting to see if Congress keeps the 2009 loan limits where it set the 2008 mortgage limits or if they will lower the loan limits for conventional and FHA loan limits.

Jumbo Mortgage Refinance Loans.com is a recognized national leader in the mortgage industry, because we put customers first. We are a California Lending Corporation who services mortgage refinance, purchase and debt consolidations loans in all 50 states.

According to HSH Associates the average mortgage rate for 30-year fixed rate jumbo increased to 6.5%. The average jumbo rate is higher than conforming interest rates because Fannie Mae and Freddie Mac have not been buying this pool of loans. Unfortunately, this is the highest rate spike since December 2000.

*The above feature is a paid advertisement. Rates are subject to change without notice. All rate information is received directly from the lending institutions and is deemed reliable but not guaranteed. A.P.R. is at 6.4% based on a 5/1 A.R.M.