Jumbo Loans
Rob and the Mad City Home Loans Team proudly serve Wisconsin, Illinois, Iowa, Minnesota, Michigan, Florida, Texas, North Dakota, South Dakota, Colorado, and Washington.
Rob and Mad City Home Loans provides clear, strategic jumbo loan solutions for buyers purchasing higher-value properties. These loans are designed for borrowers who need financing above conventional loan limits while still expecting structure, transparency, and long-term financial planning.
With over 20 years of experience, Rob understands the additional requirements, documentation, and financial detail involved in jumbo lending. His approach combines strong market knowledge, careful financial analysis, and personalized guidance to ensure each client receives a financing strategy tailored to their specific situation. From structuring the loan to approval and closing, you’ll receive clear communication, confident direction, and professional support at every step.
How it works
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Start with Clarity and Confidence
Jumbo loans involve more detailed financial review and planning. We help you understand the requirements, structure your loan properly, and move forward with confidence. Our goal is to make the jumbo loan process clear, organized, and aligned with your long-term financial plans.
1
Start with Clarity and Confidence
Jumbo loans involve more detailed financial review and planning. We help you understand the requirements, structure your loan properly, and move forward with confidence. Our goal is to make the jumbo loan process clear, organized, and aligned with your long-term financial plans.
2
Explore Custom Loan Options
Receive personalized jumbo loan recommendations based on your income, assets, credit profile, and purchase goals. We’ll review interest rates, estimated payments, reserve requirements, and loan structures to help you choose the right approach for your situation.
3
Get Pre-Approved
Complete a secure online application to begin the jumbo loan pre-approval process. Pre-approval confirms eligibility, strengthens your buying position, and allows you to shop for higher-value properties with confidence.
4
After Closing Support
Your relationship with Rob and Mad City Home Loans continues after closing. We stay connected to help with future refinancing, loan reviews, and strategic planning as your financial situation evolves.
Mortgage Process
1. Initial Phone Consultation
Your jumbo loan journey begins with an in-depth phone consultation focused on planning and strategy. We’ll review loan limits, qualification requirements, asset reserves, and overall structure. We’ll also estimate purchasing power and discuss realistic monthly payments. You’ll receive a clear checklist of documents needed for pre-approval.
2. Pre-Approval Consultation
After submitting your application, we’ll schedule a detailed pre-approval consultation. During this call, we review income, assets, credit, and liabilities to determine jumbo loan eligibility. We explain everything in clear terms and answer questions so you fully understand your position before shopping.
3. Shopping for a Home
With pre-approval in hand, you’ll work with a real estate agent to search for properties that match your goals and budget. Your jumbo pre-approval strengthens your offer and demonstrates financial readiness to sellers.
4. Loan Application Consultation
Once your offer is accepted, we move into the formal jumbo loan application phase. We’ll review your full application, confirm details, and discuss loan structure, payments, and documentation requirements. You may choose to lock your interest rate to protect against market fluctuations.
5. Document Collection and Review
Jumbo loans require detailed documentation. We’ll collect updated income, asset, and employment verification and carefully review everything to ensure it meets lender guidelines. A thorough review at this stage helps avoid delays later.
6. Insure Your Home
Homeowners insurance is required and protects your investment. You’ll begin shopping for coverage, often through your current provider. Proof of coverage is collected to keep your loan moving forward.
7. Appraisal and Inspection
We’ll order a home appraisal to confirm the property value supports the purchase price. You may also choose to schedule a home inspection to identify any potential concerns before closing.
8. Processing and Underwriting
During processing, we verify all loan details, review third-party documentation, and confirm appraisal results. Your file is then submitted to underwriting for a comprehensive review under jumbo loan guidelines.
9. Conditional Loan Approval
After underwriting review, you’ll typically receive a conditional approval. Additional documentation or clarification may be requested, which is normal for jumbo loans. We guide you through each condition clearly and efficiently.
10. Final Loan Approval (Cleared to Close) & Pre-Closing Consultation
Once all conditions are satisfied, your loan is cleared to close. We’ll schedule a pre-closing consultation to review final steps and ensure you feel prepared for closing day.
11. Final Closing Disclosure Consultation
Before closing, you’ll receive your Closing Disclosure outlining final loan terms, monthly payments, and closing costs. We’ll review it together and confirm closing details.
12. Closing
Closing day finalizes your jumbo loan. You’ll sign mortgage documents, complete required payments, and complete the transaction. Ownership officially transfers and you receive the keys to your new home.
13. After Closing & Beyond
Your first mortgage payment is typically due about one month after closing. From here on, you become a Client for Life with Rob and Mad City Home Loans. With over 20 years of experience, Rob continues to support clients with refinancing strategies, financial planning, and future real estate goals.
Contact Us
Get in Touch
Have a question about your mortgage or next steps? Send us a message and our team will get back to you as soon as possible.
