Hi, I am Dawn Balch. I am from Florida. I am 27 years old. I love to write blogs and articles regarding finance. I am working for a mortgage company. Buying a home with a jumbo loan in Palm Beach usually comes with a higher interest rate because the Federal Mortgage Agencies do not back jumbo loans. The jumbo related loans are otherwise traditionally identical, except for the higher interest rate of the latter. First, go to your local bank or credit union. Ask to speak to a loan officer when you visit the branch of your choice. The loan officer will help you through the process after explaining the type of loan you need. Then, you can contact a mortgage expert to opt for a jumbo loan Palm Beach.