Borrowers have multiple options for financing on either adjustable rate programs or the standard 30-year and 15-year fixed programs. Rates are likely to be slightly different from lender to lender.
Current Loan Limits for Connecticut in 2020:
1 Unit - $601,450
2 Unit - $769,950
3 Unit - $930,700
4 Unit - $1,156,650
[VA allows high-balance loans up to $708,750]
Luxury homes are commonly located in these affluent Connecticut neighborhoods:
Darien, Fairfield, Farmington, Greenwich, New Canaan, Stamford, Westport, and Woodbury.
Many of these neighborhoods feature homes with contemporary architecture, with a number of estates following along more traditional design, most notably those influenced by the Adamesque, Cape Cod, Craftsman, and Georgian period.
Greenwich, Connecticut in Fairfield County, which sits on the coastlines of the Long Island Sound, is a luxurious area set just 28 miles from the financial capital of NYC, Manhattan. The community without a doubt effortlessly embodies affluence, as it is one of the wealthiest cities per capita in the world. Connecticut has a range of splendid attributes, which includes a highly-educated, wealthy community, top-ranked schools, and easy access, equally by car or train, to New York City.
Inquire about jumbo rates in Fairfield County and throughout Connecticut
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