Jumbo Loans
Financing above conventional limits for higher-priced homes, without the runaround.
A jumbo loan is any mortgage above the conforming loan limit set for the county — the ceiling for loans that Fannie Mae and Freddie Mac will buy. Above that line, the lender keeps more of the risk, so the underwriting is more thorough.
More thorough does not have to mean slower. The delays people complain about on jumbo files are almost always caused by documents requested late. We front-load that list.
A good fit when…
- The purchase price exceeds the conforming limit for your county
- You have strong credit and documented income
- You have reserves after closing
- You want one loan rather than splitting into a first and a second
Worth knowing
- Down payment requirements are typically higher than conforming loans
- Expect stricter credit score and debt-to-income requirements
- Lenders generally want to see cash reserves after closing
- Appraisal requirements can be more demanding
Our take. Self-employed, equity compensation, or income that does not fit a standard W-2 box? That is normal at this price point and it is exactly the kind of file we are used to structuring. Call before you assume it is a problem.
Not sure this is the right program?
Most people arrive certain they need one specific loan and leave with a better-fitting one. Tell us what you are trying to do and we will lay out the realistic options side by side — payment, cash to close, and total cost — so you can compare them honestly.
30-Year Fixed15-Year FixedAdjustable RateFHA LoansVA LoansUSDA Loans203k Renovation
Ready to see your real numbers?
Start a personalized quote request in about a minute. No credit pull, no obligation, no runaround.