Jumbo Loans: 15, 20 and 30 Year Jumbo Loans
Planning to purchase your dream home?
A Jumbo Mortgage Loan from Ent can give you an attractive rate with a convenient 15- or 30-year term (payment period) when you need a loan in excess of your county's conforming loan limit.
Best choice if:
- You plan on staying in the home long term.
- You need your monthly principal and interest payments to remain fixed over the life of the loan.
- You would like to pay off the loan balance faster.
Advantages:
- Level principal and interest payments for the full term of the loan.
- No risk that changing market conditions will increase your monthly principal and interest payments.
- The loan balance will decrease more rapidly than a 30-year mortgage.
Disadvantages:
- Monthly payments are higher than a 30-year mortgage.
Best choice if:
- You plan on staying in the home long term.
- You need your monthly principal and interest payments to remain fixed over the life of the loan.
Advantages:
- Level principal and interest payments for the full term of the loan.
- No risk that changing market conditions will increase your monthly payments.
Best choice if:
- You plan on staying in the home long term.
- You need your monthly principal and interest payments to remain fixed over the life of the loan.
Advantages:
- Level principal and interest payments for the full term of the loan.
- No risk that changing market conditions will increase your monthly principal and interest payments.
Standard credit qualifications apply. All loans are subject to final credit approval. Please consult your tax advisor, as interest paid on these loans usually is tax-deductible. Financing on homes in Colorado. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for federal income tax purposes. Consult a tax adviser for further information regarding the deductibility of interest and charges.