Getting approved for a jumbo mortgage loan online is similar to getting approved for a traditional mortgage when you use a mortgage broker. However, you can expect to find lower interest rates online with better terms.

Choose Your Type Of Jumbo Mortgage Loan

Jumbo mortgage loans offer as many financing options as a conventional mortgage loan. You can pick from a fixed-term loan to an ARM with one to ten years until rates lock in. You can also put zero down, have unverified income and assets, or no ratio test.

Before you apply for a jumbo mortgage loan, determine which type of loan is best for your situation. You can read up on loan terms on mortgage brokers