Jumbo lending shifted into high gear in 2014, there was even a time in late summer when jumbo loans were cheaper than conventional. The Wall Street Journal just covered the changes we've seen in the past year in this article.
Despite the fact that there are many banks falling all over themselves to get jumbo lending business, there are still a lot of lenders who fumble the ball in the end zone. Before you proceed with a lender for a Paradise Valley home, it's best to talk to someone who has had recent experience with the lender.
Talk is cheap, it's the lenders that perform as promised, on time, that we want. It's just not worth the aggravation of dealing with an unknown quantity to save 1/8th of a percent. I'm happy to divulge recent experiences to save my clients time and money. Just send me an email or give me a ring if you'd like to know who's been reliable on recent transactions.