A good Va jumbo mortgage are an experts Products (VA) financing you to exceeds the latest conforming loan restrict out-of $766,550 or more so you can $step 1,149,825 when you look at the large-costs portion such as for instance Alaska and you can The state. If you are an energetic-obligation service associate, seasoned otherwise qualified surviving companion, therefore meet with the money and borrowing from the bank standards, a Virtual assistant jumbo loan could be an option for your.

What is a supply financing?

A varying-speed home loan (ARM) are home financing that has a first fixed-rate period of four, seven otherwise a decade and you can a varying rate adopting the fixed-rate period closes.