A jumbo mortgage loan is a loan whose amount exceeds the borrowing limit set by Fannie Mae and Freddie Mac for conforming loans. The current limit in Georgia is $806,500 for a single-family unit. So if you take a mortgage with an amount that exceeds that set limit you will have taken a jumbo mortgage.
Today's Georgia Mortgage Rates
30 Yr. Fixed6.375%APR 6.849%
15 Yr. Fixed5.375%APR 5.881%
30 Yr. Fixed FHA5.625%APR 6.600%
30 Yr. Fixed VA5.625%APR 6.055%
Mortgage Rates as of March, 16 2025 See All Rates | See Rate Assumptions
All Rates
Term
Rates
APR
30 Yr Fixed Conforming
6.375%
6.849%
15 Yr Fixed Conforming
5.375%
5.881%
30 Yr Fixed FHA
5.625%
6.600%
30 Yr Fixed VA
5.625%
6.055%
Rate Table Assumptions
Conventional Rates shown assume a purchase transaction.
Annual Percentage Rate (APR) calculations assume a purchase transaction of a single-family, detached, owner-occupied primary residence; a loan-to-value ratio of less than or equal to 95%; a minimum FICO score of 760, lock days at 30.
Term
Loan Amount
LTV
Points
30yr Fixed
$351,000
95.0%
1
15yr Fixed
$351,000
95.0%
1
30yr Jumbo
$750,000
75.0%
1
30yr FHA
$275,000
96.5%
1
30yr VA
$300,000
100.0%
1
Rates may be higher for loan amounts under $351,000. Please call for details.
Rates are subject to change without notice.
Closing Costs assume that borrower will escrow monthly property tax and insurance payments.
Subject to underwriter approval; not all applicants will be approved.
Fees and charges apply.
Payments do not include taxes and insurance.
Rates based on information gathered from OptimalBlue.
Mortgage insurance is not included in the payment quoted. Mortgage insurance will be required for all FHA and USDA loans as well as conventional loans where the loan to value is greater than 80%.
Restrictions may apply. Ask for details.
Moreira Team | MortgageRight is an Equal Opportunity Lender
“Rate Over X%” Assumptions
Rates shown assume a refinance transaction.
Annual Percentage Rate (APR) calculations assume a purchase transaction of a single-family, detached, owner-occupied primary residence; a loan-to-value of 75%; a minimum FICO score of 740; a Loan Term of 360 months; and a loan amount of $300,000 for conforming loans.
Rates may be higher for loan amounts under $275,000. Please call for details.
Rates are subject to change without notice.
Closing Costs assume that borrower will escrow monthly property tax and insurance payments.
Subject to underwriter approval; not all applicants will be approved.
Fees and charges apply.
Payments do not include taxes and insurance.
Rates based on information gathered from OptimalBlue.
Mortgage insurance is not included in the payment quoted. Mortgage insurance will be required for all FHA and USDA loans as well as conventional loans where the loan to value is greater than 80%.
Restrictions may apply.
Moreira Team | MortgageRight is an Equal Opportunity Lender
Purchase Affordability Calculator
Annual Salary
Interest Rate
Loan Term
1015202530
Monthly Debt
Property Taxes
Home Insurance
Maximum Monthly Payment (P&I Only)
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Maximum Monthly Payment (Total Payment)
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Max Mortgage Amount
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Jumbo loans are necessary for many reasons, but the biggest advantage to you as a homebuyer is that they allow you to make high-cost home purchases. It is practically impossible to finance some types of homes in certain Georgia counties. A good example is Atkinson County where the average list price is around $1,683,400. It is the highest by far but there are other counties like Fulton, Rabun, and Greene that also have very high listing prices.
The high value of a Georgia jumbo loan makes it riskier from the perspective of the lender. That is why you may face stringent qualification requirements compared to when you are applying for a conforming or government loan. For instance, 20% down payment is a common requirement, but some Georgia lenders can go as low as 10 or 15% as long as you have sufficient income and assets. Another common requirement is a FICO score of at least 680.
The stringent qualification standards don’t necessarily mean you can’t qualify for a Georgia jumbo loan with ease. If you have a good real estate company behind you, the whole process becomes much easier. In case you need help with your jumbo mortgage loan don’t look any further than Moreira Team.
