Jumbo Loans

Premium financing for luxury properties and high-value real estate investments.

Program Overview

Jumbo loans are mortgages that exceed the conforming loan limits set by the Federal Housing Finance Agency (FHFA). In most areas, any loan amount above $766,550 (as of 2024) is considered a Jumbo loan, though this limit is higher in high-cost areas.

These loans are designed for luxury home buyers. Because they are not backed by government entities like Fannie Mae or Freddie Mac, they typically have stricter credit and down payment requirements, but they allow you to finance properties that traditional loans cannot cover.

Key Benefits

Higher Loan Amounts

Borrow millions of dollars to secure your dream luxury home.

Competitive Rates

Despite the larger amounts, Jumbo rates are often very competitive with conforming rates.

Flexible Terms

Available in fixed-rate and adjustable-rate mortgage (ARM) options.

No PMI Options

Many Jumbo programs do not require mortgage insurance even with less than 20% down.

Standard Requirements

  • Credit Score: Typically requires a higher credit score, often 700 or 720+.
  • Down Payment: Usually 10-20% down is required, though some programs allow for less.
  • Cash Reserves: Borrowers often need to show 6-12 months of cash reserves after closing.
  • DTI Ratio: Strict debt-to-income requirements, usually capped at 43%.

Documents Needed to Apply

  • Full tax returns (2 years) with all schedules
  • W-2s and Pay stubs (30 days)
  • Asset statements (Bank, Brokerage, Retirement)
  • Proof of reserves
  • Copy of driver's license
  • Social Security number

Discuss Your Luxury Financing Needs

We specialize in complex financial profiles and high-value transactions.

Inquire About Jumbo Loans