Jumbo loans allow borrowers to finance the purchase of high-value properties and are an attractive option for anyone looking to buy luxury homes, vacation homes, or investment properties. Besides, borrowers can choose from a range of loan terms, including fixed or adjustable rates, and may negotiate more favorable loan terms based on their financial situation. A jumbo loan may be a good option, however, it is crucial to consult with a professional mortgage broker and consider the costs and benefits before making a decision.