Think Bigger. Borrow Smarter.
For high-value homes that exceed standard loan limits, Jumbo financing gives you the flexibility, options, and personalized structure you deserve.
What Is a Jumbo Loan?
A Jumbo Loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac — currently $766,550 in most U.S. counties (and higher in select high-cost areas). These loans are designed for buyers purchasing luxury or high-value properties.
Key Benefits:
Eligibility & Requirements
To qualify for a Jumbo Loan, lenders look for strong financial stability.
Typical Requirements:
Credit Score
700+ preferred
Down Payment
10–20%, depending on loan amount and reserves
Debt-to-Income Ratio
Usually below 43%
Cash Reserves
Typically 6–12 months of mortgage payments
Full Documentation
W-2, tax returns, or self-employed financials
Jumbo Loan Use Cases
| Purpose | Example | Benefit |
|---|---|---|
| Luxury Primary Home | $1.2M home purchase | Borrow more while keeping rate competitive |
| Vacation or Second Home | Beach or mountain property | Enjoy flexibility in loan amount and structure |
| Investment Property | Multi-unit or luxury rental | Expand portfolio using asset-backed leverage |
Why Work With a Broker for Jumbo Financing
Most banks take a one-size-fits-all approach to high-balance loans. As a mortgage broker, we shop across multiple lenders to structure your jumbo loan around your financial goals — not their checklist.
You'll Benefit From:
Multiple Lender Access
Access to multiple jumbo programs and private lenders
Personalized Advice
Personalized rate comparison and structure advice
Direct Communication
Direct communication from application to closing
Fast Approvals
Fast, verified pre-approvals and reliable underwriting
Jumbo Loan vs. Conventional Loan
| Feature | Jumbo Loan | Conventional Loan |
|---|---|---|
| Loan Limit | Above $766,550 | Up to $766,550 |
| Credit Score | 700+ | 620+ |
| Down Payment | 10–20% | 3–20% |
| Property Type | Primary / Second / Investment | Primary / Second / Investment |
| Mortgage Insurance | Not required with 20% down | Required below 20% down |
Common Questions
Can I use a Jumbo Loan for a second home or investment property?
Yes. Many programs support second homes and investment properties.
Are Jumbo rates higher than conventional loans?
Rates are often close — sometimes lower — depending on credit, equity, and reserves.
Can I use bonus or commission income to qualify?
Yes. Consistent bonus, commission, or self-employed income can count toward qualification.
Do Jumbo Loans have PMI?
No. Private mortgage insurance is typically not required when you meet down payment or reserve guidelines.
Ready to Explore Jumbo Financing?
Let's discuss your high-value property goals and find the right jumbo loan structure for you.