Jumbo Home Loan
Finance luxury properties that exceed conventional loan limits. Jumbo loans offer competitive rates on high-value homes with flexible terms for qualified borrowers.
Jumbo loans are designed for home purchases that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. Whether you're buying a luxury estate, a high-value property in an expensive market, or an investment property above conventional limits, jumbo loans provide the financing you need.
Why Choose a Jumbo Loan?
Higher Loan Amounts
Finance properties that exceed conforming loan limits, which vary by county but typically start around $766,550.
Competitive Rates
Despite higher loan amounts, jumbo loans often feature competitive interest rates for well-qualified borrowers.
Luxury Properties
Purchase high-end homes, estates, and properties in expensive markets without limiting your options.
Flexible Terms
Choose from various loan terms and structures to match your financial strategy and goals.
Jumbo Loan Requirements
- Higher Credit Standards:Typically require credit scores of 700 or higher, with better rates available for scores above 740.
- Larger Down Payment:Usually require 10-20% down, though some programs may allow less for highly qualified borrowers.
- Income Verification:Extensive documentation of income, assets, and employment to demonstrate ability to repay.
- Cash Reserves:Lenders typically require 6-12 months of mortgage payments in reserves to ensure financial stability.
- Debt-to-Income Ratio:Generally need to keep total debt payments below 43% of gross monthly income.
Financing Your Dream Home
Jumbo loans require more documentation and higher standards than conventional loans, but they open the door to exceptional properties. Our experienced jumbo loan specialists will guide you through the process and help you secure competitive financing for your luxury home purchase.