Jumbo loans for the Grosse Pointes.
A Certified Financial Planner® and independent mortgage broker who lives in the Shores and handles jumbo loans the way they should be handled: with real expertise, real flexibility, and a direct line to me.
(313) 380-4740 Call David DirectlyIt's about the loan amount, not the purchase price.
In the Pointes, any mortgage above $832,750 is considered a jumbo loan. That number is the conforming loan limit. Go above it and you're in jumbo territory, which has its own rates, guidelines, and underwriting.
Here's what most people miss: whether you end up with a jumbo loan depends on your down payment as much as your purchase price. A $1M home with 20% down means a $800K loan — that's still conventional. The same home with 10% down means a $900K loan, which pushes you into jumbo.
I typically recommend staying conventional when we can. The process is more straightforward. But if a jumbo loan is the right call for your situation, I'll structure it the right way.
The short version: before you assume you need a jumbo loan, let's have a quick conversation. Sometimes a small shift in down payment or price negotiation changes the whole picture.
At this level, having someone on your team matters more than the rate.
On your team. Responsive when it counts.
I pick up my own phone. Evenings, weekends, whenever the offer lands. A large bank puts you on hold. A retail lender passes you between five people. When you're trying to write a competitive offer in the Pointes, you need someone who answers and moves fast. That's the whole game.
I coordinate directly with your realtor.
Buying in this market means tight timelines, offer strategy, and inspection periods that can't slip. I work directly with your real estate agent to make sure financing never becomes the reason a deal falls apart. You shouldn't have to be the middleman between your lender and your agent.
A Certified Financial Planner® who does mortgages.
Most loan officers only think about the rate. I'm a CFP® first, which means I look at how the mortgage fits your taxes, cash flow, and long-term financial plan. When the loan is this significant, those details matter.
Jumbo solutions for every situation.
You don't need to know which product is right for you. That's my job. Here's a quick overview of what I can structure.
Traditional Jumbo
Competitive jumbo rates through the wholesale channel. Standard documentation, fixed and ARM options, structured to match your financial profile.
Super Jumbo
For high-value purchases beyond standard jumbo limits. Access to specialty lenders most brokers can't reach, with terms built around large-balance borrowers.
Interest-Only
First 10 years interest-only, then normal 30-year amortization. Most buyers move or refinance within that window anyway, so you get the cash flow advantage without the complexity.
Bank Statement & Non-QM
For self-employed buyers, business owners, or anyone whose income doesn't fit traditional underwriting. Qualify using bank statements instead of tax returns.
One person, start to finish.
I'm David Rakecky, the owner of Tetra Home Loans. I'm a Certified Financial Planner® and a licensed independent mortgage broker. I live in Grosse Pointe Shores with my wife and our first son on the way, and I chose to build my practice here because this is where I plan to be for the long run.
When you work with me, you work with me. Not a processor, not a call center, not a sales team handing you off after the application. One person from the first phone call to the closing table.
If you're thinking about a jumbo purchase in the Pointes, the best thing you can do is have a conversation before you commit to a lender. It costs you nothing. You'll know within 15 minutes whether I'm the right person for your loan.
Let's talk about your loan.
One phone call, 15 minutes, no obligation. Call or text me directly, any time.
(313) 380-4740 Call or Text David