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Are you looking for a mortgage lender in Southern Wisconsin or Northern Illinois?  First National Bank and Trust is a local, family-focused community bank headquartered in Beloit, WI, serving communities throughout Northern Illinois and Southern Wisconsin. FNBT has branch locations in Beloit, Argyle, Clinton, Delavan, Darien, Elkhorn, Argyle, Williams Bay, Roscoe, Rockton, Janesville, Monroe, Walworth, and Winnebago. 

When you apply for a Jumbo Mortgage Loan in Wisconsin or Illinois with us, decisions are made locally and we're committed to providing you with the highest level of customer service. If you’d like to get an idea of how much home you can afford or what your mortgage payments might be, check out our home loan calculators. Got 15 minutes? We can get you pre-qualified now!


What Is A Jumbo Mortgage Loan?


A Jumbo Mortgage Loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $647,200 in most counties, as determined by the Federal Housing Finance Agency (FHFA).

Jumbo Loans Vs. Conforming Loans


The key difference between a Jumbo Mortgage and a conforming loan is the size of the loan. Because Jumbo Loans are larger than normal, they carry more risk for lenders. To qualify for a Jumbo Loan, you may have to meet stricter requirements for criteria such as credit, income, and cash reserves than you would when applying for a conforming loan.

Why Get Pre-Qualified?


Getting pre-qualified for a mortgage loan is an important first step in your journey to home ownership. In fact, many real estate agents will ask you for a pre-qualification letter before they take you out to look at homes. Being pre-qualified can also improve your chances of having an offer accepted by sellers. 

You can get pre-qualified online or sit down with one of our mortgage lenders in Southern Wisconsin and Northern Illinois. We’ll review your financial situation, homebuying goals, and the home loan options available to you. 

Apply Now For A Jumbo Mortgage Loan! 


Ready to apply for a Jumbo Loan? Use our easy mortgage calculator to estimate your monthly mortgage payment. Start your pre-qualification online now, check our current mortgage rates, or Apply Now to get started!

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