Do Rocket Mortgage offer jumbo loans?

Yes, Rocket Mortgage does offer jumbo loans. A jumbo loan is a type of mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Typically, jumbo loans are used to purchase high-value properties. With Rocket Mortgage, borrowers can obtain jumbo loans for both home purchases and refinancing. These loans often require more stringent credit requirements and larger down payments due to the higher loan amount and increased risk to lenders. Rocket Mortgage provides options for different fixed-rate and adjustable-rate jumbo mortgages, making it possible for homebuyers to secure financing for expensive homes that surpass the limits of conventional financing options.