[FL] Mortgage broker says he can only do $700K max loan on a primary

My real estate agent recommended this mortgage broker. I called him and he said he can only do a loan of $700K max. In googling around, I am not seeing a specific limit for a jumbo loan. This $700K limit isn't tied to my income, but it sounded like a hard limit. This is in Florida for a primary. What do you think is going on?

submitted by /u/spe-swa
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/pei8ui/fl_mortgage_broker_says_he_can_only_do_700k_max/