- Jumbo Loans:
Jumbo Loans in the Acworth, Georgia and Kennesaw, Georgia exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. The current loan limit for Georgia is $417,000 Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes.
The typical loan to value for jumbo loan in the Georgia area is 75%. Most lenders in Georgia require a minimum credit score of 720.