Jumbo loans, also known as non-conforming loans, exceed the conforming loan limits set by Fannie Mae and Freddie Mac. They're designed for high-value properties and offer the same flexible terms as conventional loans.
Why Choose a Jumbo Loan?
- Borrow above conforming loan limits
- Competitive rates for qualified borrowers
- Fixed and adjustable rate options
- Flexible loan terms (10, 15, 20, or 30 years)
- No PMI required with sufficient down payment
Who Qualifies?
Jumbo loans require stronger financial profiles. Lenders typically look for credit scores of 700+, lower debt-to-income ratios, and significant cash reserves — often 6 months of mortgage payments in liquid assets.
Down Payment
Most jumbo loans require 10-20% down, though some lenders may accept as little as 5% for exceptionally strong borrowers. A larger down payment can help secure better rates.
Expert Guidance
Navigating jumbo loan requirements can be complex. Our experienced team will work with you to prepare the strongest application possible.