Jumbo mortgage rates are different from regular mortgages in several different ways. Jumbo mortgage rates differentiate from regular mortgages by having a larger payment due.

A jumbo mortgage is a term used to describe a home mortgage that is bigger that most mortgages. These mortgages exceed the amount that the FNMA and FHLMC will purchase.

A jumbo mortgage is a loan larger than the conventional mortgage limits. The rates of jumbo mortgages is typically 0.25% to 0.5% higher than traditional mortgage rates.

Jumbo loans refer to mortgage loans on houses. Most home mortgages have a cap on how high a loan amount can be written for so that it is insured. A jumbo loan is any loan that goes over this amount.

Sun Trust Mortgage has a variety of options available. The mortgages include fixed and adjustable rate mortgage, Jumbo and mortgages for special needs, information about affordable housing and services for FHA and VA mortgages.