Founded in 2013, Jumbo Lending established itself as a wholesale and correspondent lender focused exclusively on originating jumbo residential mortgages, which are loans that exceed the limits set by the Federal Housing Finance Agency (FHFA). The company's business model is centered on providing liquidity and specialized loan products to other mortgage professionals rather than lending directly to consumers. In August 2023, Jumbo Lending was acquired by Carrington Mortgage Services, LLC (CMS), a large, privately held non-bank mortgage company. Jumbo Lending now operates as a distinct division within Carrington, continuing to leverage its brand and expertise in the jumbo mortgage market.

Founded in

United States