FHA Jumbo Loans

FHA Jumbo Loans

FHA Jumbo Loans – Available up to $432,500 in Tennessee

FHA Loans are able to help more Homebuyers with lower down payment options for Purchasing a home, and also allow more Home Owners to Refinance than other loan programs.  FHA Loans are available in Tennessee up to $393,300 in higher cost areas such as the Nashville, Murfreesboro, Davidson area.   FHA Jumbo Loans allow you to purchase a home with as little as 3.5% down payment, or refinance with 2.25% equity (97.75% LTV).

FHA Jumbo Loans offer many benefits:

  • Low down payment requirement – 3.5%
  • Down payment and Closing Costs can be Gifted
  • Seller can pay for Closing Costs
  • More flexible credit guidelines than conventional loans
  • Allow you to combine a first and second mortgage into one FHA Jumbo with no penalties for cash out
  • Higher loan amounts – up to $393,300,500 in many high cost counties
  • Refinance options that Conventional loans do not offer (such as very low equity)


FHA Jumbo Loans can be used to buy Tennessee Condo’s, Single Family Homes, Townhomes, Golf Course Homes, Beach Homes, Row Homes, Duplexes, Triplexes, Fourplexes, (2-4 unit homes must be Owner Occupied in 1 unit).    Call us today to find out how an FHA Loan can help you.   865-686-8711 direct, ask for Bill McDonald.

2014 FHA Loan limits for Tennessee

For information on VA Loans, please visit our VA Loan information page.


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