Jumbo Loans
in Ohio

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If you are shopping for a home in Ohio, the amount you need to borrow to finance your purchase will either fall above or below the conforming loan limits set by Fannie Mae and Freddie Mac.

If you are borrowing under the conforming loan limit, you are eligible for a conforming loan, also called a “conventional” loan.

If you are borrowing above the conforming loan limit, you will need an Ohio jumbo loan instead.

Do You Need a Jumbo Loan in Ohio?

The conforming loan limits for Delaware, Fairfield, Franklin and Pickaway Counties are:

1 UNIT

$484,350

2 UNITS

$620,200

3 UNITS

$749,650

4 UNITS

$931,600

As housing in Ohio is quite affordable throughout the state, these same limits apply in other counties.

Do You Qualify for a Jumbo Loan in Ohio?

If you have never applied for a jumbo loan before, you may wonder whether a jumbo loan is more expensive than a conventional loan or harder to qualify for.

Actually, the interest rate you pay on your jumbo loan could be right around the rate you would pay on a conventional loan.

Qualifying for a jumbo loan requires:

A strong credit score and debt-to-income ratio.

Six months to a year of cash reserves.

Steady employment.

Two appraisals (not as a rule, but this requirement is common).

A down payment of anywhere from 10% to 30%.

Notice that these requirements and those for conventional financing are not all that different. They are simply a little more rigorous for a jumbo loan.

In fact, depending on your borrower profile, your down payment for a jumbo loan might be no higher than your down payment for a conventional loan.

The most competitive jumbo loans are available to customers with the most competitive risk profiles.

We can offer you guidance for improving your profile in terms of your credit score, DTI, and other financial data. Whatever your financial situation, we will work hard to qualify you for an affordable jumbo loan.

What Our Clients Are Saying

Bobbi Jo Cea
Bobbi Jo Cea
13:56 15 Aug 19
it's been a few years since I bought real Estate. I can tell though James and his team at Liberty Capital were amazing during the process. They were able to find the product to get my deal done, a rehab loan is a little different. Their team made my dream home a reality!read more
Bobbi Jo Cea
Bobbi Jo Cea
13:56 15 Aug 19
it's been a few years since I bought real Estate. I can tell though James and his team at Liberty Capital were amazing during the process. They were able to find the product to get my deal done, a rehab loan is a little different. Their team made my dream home a reality!read more
Jeff Musi
Jeff Musi
16:07 14 Aug 19
Used Liberty Capital for a refinance and was pleased with the ease of getting it done. Everything went smoothly and their automated system was very efficient for information transfer. James and his team did an outstanding job! If you are getting a loan or refinance, I strongly suggest that you contact this team.read more
Jared Kenyon
Jared Kenyon
15:21 14 Aug 19
James is the ultimate professional and was able to make a very stressful process very smooth. He has a unique ability to look at all scenarios in a unique way so that you get the best deal possible. I would definitely recommend James McBain to any friends or family who are looking to purchase or refinance a home.read more
Brian Ramey
Brian Ramey
00:36 21 Jun 19
This is the second time we have worked with James getting financing for a home purchase. He has been amazing to work with both times. He is extremely knowledgeable, responds quickly and just someone you know you can trust- which is extremely important when making such a large purchase. I would recommend James to anyone!read more
Marc s
Marc s
16:33 29 May 19
Ken, James and the whole team at liberty loans are the only people I would ever recommend for a home loan or refi! To put it simply, they just know how to get the deal closed!
Stefanie Villasante
Stefanie Villasante
14:30 29 May 19
Liberty Capitol was great to work with. Ken, James, and ESPECIALLY Laura all made the closing process so smooth and easy. If I needed anything they were an email, phone call, or text away. They kept costs low for me, and saved me money on my closing. If I ever buy another house, I wouldn't hesitate to use them again. Great team, nice people!read more
Lani Ciera
Lani Ciera
13:39 22 May 19
My husband and I just closed on our first home yesterday and we couldn't have done it without James and his amazing team at Liberty Capital Services! James actively worked with us throughout the entire process; helped us to improve our credit, didn't pressure us or make us fear for this huge purchase, and made the entire process enjoyable and stress free! He and his team are amazing and truly care about their clients. Thank you Liberty Capital!read more
Ian Mcmahan
Ian Mcmahan
11:17 22 May 19
If you are thinking of buying or refinancing your new home, well look no further! James from Liberty Capital made our first home buying process effortless and stress free. He and his team were absolutely amazing and we were lucky enough to have worked with them!read more
Alexandra Tran
Alexandra Tran
20:00 22 Apr 19
I had a great experience with Liberty Capital. They made the process extremely easy and I was able to close sooner than expected. They really made the process seamless and I recommend them to anyone looking to buy a home!read more
Robert Moore
Robert Moore
19:42 22 Apr 19
I strongly recommend Liberty Capital. They were straightforward and were extremely FAST and HELPFUL with the entire process. I highly recommend Liberty Capital they were consummate professionals during the mortgage process.read more
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Apply Today for an Ohio Jumbo Loan

Ready to purchase the home of your dreams in Ohio, Florida or California? Please call us today at (614) 505-0620 to set up your consultation. We can assess your risk profile and help you figure out what you will qualify for. We look forward to connecting you with the most suitable jumbo loan for your needs.

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